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GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11] [12] [13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million. [14] In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving ...
GECAS ( GE Capital Aviation Services) was an Irish–American commercial aviation financing and leasing company. AerCap acquired the company from GE Capital on November 1, 2021. [ 1] GECAS was the largest commercial airline leasing/financing company in the world by number of aircraft. [ 2] The company offered many aviation finance services ...
James McNerney. Walter James "Jim" McNerney Jr.[ 1] (born August 22, 1949) is a business executive who was President and CEO of The Boeing Company from June 2005 to July 2015. McNerney was also Chairman from June 2005 until March 1, 2016. [ 2][ 3][ 4] McNerney oversaw development of the Boeing 737 MAX. [ 5]
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GE’s first spinoff, GE HealthCare, which produces medical imaging equipment and tech devices, went public Jan. 4, 2023. GE Vernova, which houses the energy portfolio, has a spinoff planned for ...
1955. Founder. Edwin Horner. Headquarters. Lynchburg, Virginia. First Colony Life (FCL) was an American life insurance company based in Lynchburg, Virginia that was acquired in 1996 by GE Financial Assurance (a subsidiary of General Electric), and later became Genworth Life and Annuity Insurance Company, a Genworth Financial company in 2007.
GE HealthCare Technologies, Inc.[ 5] is an American multinational medical technology company headquartered in Chicago, Illinois. [ 6] It was spun-off from General Electric on January 4, 2023, with GE retaining 6.7%. As of 2017, it is a manufacturer and distributor of diagnostic imaging agents and radiopharmaceuticals for imaging modalities used ...
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person (often the policyholder). Depending on the contract, other events such as terminal ...