General Electric Credit Corporation's (GECC) board of directors has appointed Norman P. Blake Jr. as executive vice president, financing operations. He will be headquartered in Stamford, Conn.
In his new post, Mr. Blake will manage the financing operations for GECC's three major components, the commercial and industrial financing division, the consumer financing division, and the real estate financing operations.
Mr. Blake will also oversee and manage GECC's support departments such as the marketing, communications, and the human resources.
A wholly owned subsidiary of the General Electric Company, GECC ranks third among the nation's independent finance companies, with a portfolio valued at nearly $10 billion.