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Fasoli Named to Lead New GE Affiliate Company: Retail Sales Finance Servicing Company.


Business Editors

ST. PAUL St. Paul

as a missionary he fearlessly confronts the “perils of waters, of robbers, in the city, in the wilderness.” [N.T.: II Cor. 11:26]

See : Bravery
, Minn.--(BUSINESS WIRE)--Oct. 7, 2003

GE Consumer Finance has named Dave Fasoli president of the new Retail Sales Finance Servicing Company, which was created following the purchase of the Conseco Finance Corp. and Mill Creek Mill Creek is an ambiguous placename used in the United States and Canada: Communities
In California:
  • Mill Creek, California, a town in Tehama County
In Florida:
  • Millcreek, Florida, a rural community in St. Johns County, near St.
 Bank in June.

The new company will focus on consumer financing and dealer sales programs for the power sports, home improvement, home products and retail industries. Headquartered in St. Paul, Minn., the organization includes operations in Tempe, Ariz., and Rapid City, S.D., as well as field personnel.

Fasoli most recently served as vice president of client development for GE Retail Sales Finance, in Kettering, Ohio Kettering is a city in Greene and Montgomery Counties in the U.S. state of Ohio. It is a suburb of nearby Dayton. As of the 2000 census, the city had a total population of 57,502. The city incorporated in 1955 from the former Van Buren Township and is named for inventor Charles F. , and brings 22 years of business experience to the new position. He has worked with several units of GE, including aerospace, consumer electronics and corporate headquarters. In addition, Fasoli has served in several roles in GE's private label credit card and bankcard bank·card  
n.
A card issued by a bank authorizing the holder to receive bank services and often functioning as a debit card.
 businesses.

"Dave has a proven track record of creating programs that benefit clients, dealers and their customers," said Glenn Marino, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of GE Retail Sales Finance. "Our success is completely dependent on the success of our retail partners. The tremendous growth of our business in the last few years is a testament to Dave's efforts, and his abilities make him perfectly suited for his new assignment."

Fasoli is a graduate of the State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. , Albany.

Retail Sales Finance Servicing Company, based in St. Paul, Minn., is a GE affiliate and unit of GE Retail Sales Finance that provides sales support, dealer programs and other financing solutions. GE Retail Sales Finance is a division of GE Consumer Finance. With $95 billion in assets, GE Consumer Finance, a unit of General Electric Company, is a leading provider of credit services to consumers, retailers and auto dealers in 37 countries around the world. GE Consumer Finance, based in Stamford, Conn. (USA), offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards A Purchasing Card is a form of company credit card that allows goods and services to be procured without utilising a traditional purchasing process.

Purchasing Cards are usually issued to employees who are required to operate within a set of company rules and guidelines which
, debt consolidation and home equity loans and credit insurance. More information can be found online at www.geconsumerfinance.com. GE (NYSE NYSE

See: New York Stock Exchange
:GE) is a diversified services, technology and manufacturing company with operations worldwide. More information about GE can be found online at www.ge.com.
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Publication:Business Wire
Date:Oct 7, 2003
Words:381
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