General Electric Co. (GE) Financial News - GE Real Estate Japan Head Leaves Firm, Replaced by Asia Chief
General Electric Co. (GE)
GE Real Estate Japan Head Leaves Firm, Replaced by Asia Chief
JapanGeneral Electric Co. (GE), has left the firm,
according to GE Japan Corp.
Yoshida left the company, which manages about $68 billion
of property investments, at the end of July, Miyuki Moriguchi, a
spokeswoman for GE Japan, said in a telephone interview. No
reasons were given for his departure. Yoshida also was a
representative director of GE Japan.
Francois Trausch, chief executive officer for the Asia-
Pacific region at GE Capital Real Estate, will assume Yoshidaâ€™s
responsibilities, according to a letter sent to clients and seen
by Bloomberg News.
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General Electric Co. Stock Summary
General Electric Company (GE) operates as a technology, media, and financial services company worldwide. Its Energy Infrastructure segment produces gas, steam, and aeroderivative turbines; generators; and combined cycle systems, as well as provides water treatment services and equipment. This segment also sells surface and subsea drilling and production systems, floating production platform equipment, compressors, turbines, turboexpanders, and high pressure reactors to national, international, and independent oil and gas companies; and offers equipment overhauls and upgrades, pipeline inspection and integrity services, remote diagnostic and monitoring, and contractual service agreements. The company?s Technology Infrastructure segment manufactures jet engines, aerospace systems and equipment, and its replacement parts, as well as provides repair and maintenance services for commercial aircraft; military aircraft, including fighters, bombers, tankers, and helicopters; marine applications; and executive and regional aircraft. This segment also produces healthcare products, including diagnostic imaging systems; offers transportation products and maintenance services; provides enterprise solutions using sensors for temperature, pressure, moisture, gas and flow rate, as well as non-destructive testing inspection equipment. GE?s NBC Universal segment engages in the production and distribution of films and television programs; operation of television stations and cable/satellite television networks, as well as theme parks. The company?s Capital Finance segment offers loans, leases, and other financial services to customers, including manufacturers, distributors, and end-users of equipment and major capital assets. Its Consumer & Industrial segment produces various house hold appliances, lighting products, and electrical equipment and control products, as well as provides related services. The company was founded in 1892 and is based in Fairfield, Connecticut.