GE names three to leadership positions
Mr. Janki has been president & CEO of GE Energy Management since 2012. In this role, he refocused its product portfolio and business footprint. He began his career with GE in 1992 in the Financial Management Program and subsequently joined the GE Audit staff.
Mr. Janki has held a number of senior finance positions within the Company, including CFO of GE Equity, CFO of GE Money-Americas, head of GE Investor Relations and CFO for GE Energy before leading Energy Management.
Mr. Janki is succeeding Kathy Cassidy, who is retiring later this year after 35 years at GE.
Before leading the treasury operation, Ms. Cassidy spent several years as Executive Vice President and Managing Director for GE Capital Real Estate, where she was most recently responsible for both the Strategic Ventures Business and its Mexican operations.
From 1996 to 2000, Ms. Cassidy led GE Real Estate's Capital Markets business, where she was responsible for building the CMBS and Institutional Capital business for small and large loans. A 31-year GE veteran, she pioneered in 1987 the company's early securitization efforts in asset-backed consumer and commercial products.
Ms. Cassidy is an active member of the Treasury Leadership Roundtable (Washington, DC). She holds a B.A. degree in Economics from the University of Connecticut and a MBA from Fordham.
The company also announced that Mark Begor, who leads GE Capital's Real Estate business, will succeed Mr. Janki as president & CEO of GE Energy Management.
Mr. Begor is a 33-year GE veteran and has been president & CEO of GE Capital Real Estate since 2011. He joined GE in 1980 on GE's Financial Management Program and was a member of the GE Audit Staff. He has experience in both the Industrial and Capital businesses, including leadership roles at NBC.
Mr. Begor held a number of leadership roles in GE Plastics, including the head of Global Sourcing and leader of GE Petrochemicals. He was also GE's head of Investor Relations. In 2002, he joined GE Capital as CEO of Retail Finance where he doubled the business during his nine years as CEO.
The company also announced that Alec Burger, the North America leader for GE Capital Real Estate, will succeed Mr. Begor as president & CEO of GE Capital Real Estate.
A 23-year GE veteran, Mr. Burger is president of GE Capital Real Estate's North America division. He is responsible for commercial real estate lending and investing throughout the U.S., Mexico and Canada. ■