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State Representative Zeke Zalaski to Speak on Impact of Paid Sick Days Legislation
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WASHINGTON--(BUSINESS WIRE)--Teleconference today with Connecticut Rep. Zeke Zalaski to discuss the potential impact of paid sick days legislation on businesses.
 
Financial Accounting Foundation Outlines Plans to Address Standard Setting for Nonpublic Entities
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NORWALK, Conn.--(BUSINESS WIRE)--The Board of Trustees of the Financial Accounting Foundation (FAF) announced today the formation of a Trustee Working Group to address the important topic of accounting standard setting for nonpublic entities. The establishment of the Working Group represents a major development in the FAF’s ongoing work on this key strategic priority. As a first step in the process to look at one component of this issue, the FAF created the Blue-Ribbon Panel on Standard Setting
 
HARMAN Beats Target for $400 Million STEP Change Savings Program
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STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN, the global audio and infotainment group (NYSE:HAR), said today that it has already exceeded its goal of $400 million in permanent cost and productivity savings under the Company’s STEP Change program which will formally conclude in June 2011. Launched in mid-2008 as a proactive measure ahead of the broader global economic downturn, the program targets far-reaching improvements in cost and capital efficiency and operational excellence across the Company’s
 
EMCOR Group, Inc. Awarded Three-Year Contract Extension for Facility Operations and Maintenance Support from NASA Jet Propulsion Laboratory
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NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, announced that its subsidiary EMCOR Government Services, Inc. has been awarded a three-year contract extension for facility operations and maintenance support at the NASA Jet Propulsion Laboratory in Pasadena, California. EMCOR’s contract at the NASA Jet Propulsion Laboratory began in Octo
 
Odyssey Logistics & Technology to Host Security and Anti-Terrorism Panel during 2011 Motor Carrier Conference
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--(BUSINESS WIRE)--Odyssey Logistics & Technology: What:     As part of its continuing commitment to the tenets of Responsible Care® and to better understand the issues of terrorism threats and how they pertains to the domestic trucking system, Odyssey Logistics & Technology is hosting a panel to address terrorism, security, and homeland safety during the 2011 Carrier Conference. More than 150 trucking industry leaders will be in attendance.   The panel will consist of experts from the F
 
Ethan Allen Amends Revolving Credit Facility
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DANBURY, Conn.--(BUSINESS WIRE)--Ethan Allen Interiors Inc. and its subsidiaries (collectively, "Ethan Allen" or the "Company") (NYSE:ETH) today announced it has amended its senior secured asset-based revolving credit facility (the “Amended Facility”). Changes to the facility include: extended expiration by approximately four years to March 25, 2016, or June 26, 2015 if the Company’s 5.375% long term bonds have not been refinanced, reduced the costs of the facility, and revised the borrowing cap
 
Nations Equipment Finance Closed on $36 Million of Loans and Leases in Six Months of Business; Looks Forward to Carrying the Positive Momentum of Providing Critical Financing Solutions to Small- and Medium-Sized Businesses Through 2011
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NORWALK, Conn.--(BUSINESS WIRE)--Nations Equipment Finance closed on $36 million of loans and leases in six months of business; looks forward to carrying the positive momentum in 2011
 
Kaman Corporation to Present at the J.P. Morgan Aviation, Transportation, and Defense Conference
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BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NASDAQ-GS:KAMN) today announced that the Company will be presenting at the J.P. Morgan Aviation, Transportation, and Defense Conference 2011 on Wednesday, March 23, 2011 in New York, NY. The presentation is scheduled to begin at 2:40 PM Eastern time. Investors and interested parties may access a live audio webcast in the Conferences and Presentations section of the Company’s investor relations website at www.kaman.com or directly through the
 
Photronics Announces Pricing of Convertible Senior Note Offering and Amends Revolving Credit Facility to Be Effective upon Closing of the Offering
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BROOKFIELD, Conn.--(BUSINESS WIRE)--Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in supplying innovative imaging technology solutions for the global electronics industry, today announced that it priced its placement of $100,000,000 aggregate principal amount of 3.25% convertible senior notes due 2016. Photronics has also granted the initial purchasers an option to purchase up to an additional $15,000,000 aggregate principal amount of convertible senior notes to cover over-allotments. The c
 
HARMAN Expects No Material Impact on Its Sourcing and Japanese Business
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STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN, the premium global audio and infotainment group (NYSE:HAR), reported that its manufacturing production for its professional audio, consumer electronics, and automotive OEM products will remain materially unaffected by the recent events in Japan. As part of the Company’s ongoing Enterprise Risk Management strategies, HARMAN has maintained a diversified global supplier base. Following the disastrous natural events in Japan, HARMAN immediately established a
 
HARMAN Launches Company-Wide Initiative for Japan Earthquake Relief
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STAMFORD, Conn.--(BUSINESS WIRE)--HARMAN supports the tsunami and earthquake relief efforts with $100K contribution to the International Red Cross.
 
GE Energy Financial Services, Other Investors Fund SustainX to Develop Innovative Energy Storage System for Electrical Grid
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WEST LEBANON, N.H.--(BUSINESS WIRE)--New Hampshire-based company SustainX has received $14.4 million from GE Energy Financial Services, a unit of GE (NYSE: GE), and other investors to continue developing its technology for energy storage using compressed air. Through the GE Ecomagination Challenge’s “Powering the Grid” program, in which SustainX is a partner, GE Energy Financial Services joins Cadent Energy Partners and prior investors Polaris Ventures and Rockport Capital in the new round of ve
 
Colt Defense LLC to Host Investor Conference Call on 2010 Year End Financial Results
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WEST HARTFORD, Conn.--(BUSINESS WIRE)--Colt Defense LLC (the “Company”) announced that it will host an investor conference call to discuss 2010 year end financial results on Tuesday, March 22, 2011 at 10:00 a.m. Eastern Time. A telephonic replay will not be available. Access to the call is restricted to holders of the Company’s 8.75% Senior Notes due 2017, qualified prospective investors in the Notes and securities analysts. Details on how to access the call as well as the Company’s financial st
 
Terex Responds to False Statements by United Against Nuclear Iran
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WESTPORT, Conn.--(BUSINESS WIRE)--Terex Corporation (NYSE: TEX) today issued the following statement in response to the press release from the United Against Nuclear Iran (“UANI”) organization calling on Terex Corporation (“Terex”) to end its business in Iran, which falsely accuses Terex of continuing to sell cranes to Iranian regime: Terex believes that a company's conduct and its reputation are among its most valuable assets, and we strive to be good national and global citizens. As a global c
 
Sturm, Ruger & Company, Inc. Announces Internet Availability of Proxy Materials for 2011 Annual Meeting of Stockholders
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SOUTHPORT, Conn.--(BUSINESS WIRE)--Sturm, Ruger & Company, Inc. (NYSE:RGR) announces that proxy materials for its 2011 Annual Meeting of Stockholders are available on the Internet in accordance with the U.S. Securities and Exchange Commission (“SEC”) Notice and Access rule which allows companies to furnish their proxy materials through the Internet. Sturm, Ruger is mailing to its stockholders of record as of March 8, 2011 a notice regarding the Internet availability of the proxy materials in
 
EMCOR Group, Inc. Named by Fortune Magazine World’s #1 Most Admired Company in Engineering and Construction Industry for Third Consecutive Year
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NORWALK, Conn.--(BUSINESS WIRE)--EMCOR Group, Inc. (NYSE: EME), a Fortune 500® leader in mechanical and electrical construction, energy infrastructure and facilities services for a diverse range of businesses, is proud to announce that it has been named the #1 World’s Most Admired Company in the Engineering and Construction Industry by Fortune magazine for 2010. This is the third consecutive year EMCOR has received this recognition. Fortune’s Most Admired list is the definitive report card on co
 
GE Releases 2010 Annual Report
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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE (NYSE: GE) today announced that its 2010 annual report entitled “Growth Starts Here” is now available on the Company’s Web site at www.ge.com/ar2010/. An iPad version will be available later today for free download at the iTunes Appstore here http://itunes.apple.com/us/app/ge-annual-report-2010/id425705238?mt=8&ls=1. “In 2010, growth resumed and our earnings expanded by 15%,” GE Chairman and CEO Jeff Immelt writes in his letter to shareowners. “GE Capita
 
Kaman Awarded $23.8 Million Joint Programmable Fuze Order Raising Last Twelve Months Order Total to $150 Million
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BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corporation (NASDAQ-GS:KAMN) announced today that its Aerospace segment has been awarded a contract modification in the amount of $23.8 million for the procurement of Joint Programmable Fuzes (JPF). The award is the first under Option 8 of Kaman’s JPF contract with the U.S. Air Force. Delivery of these fuzes is anticipated to occur in 2012 and 2013. “This award raises total JPF orders in the last twelve months to $150 million and secures our backlog of $
 
Praxair Expands Tennessee Air Separation Plant
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DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) will double the capacity of its Memphis, Tennessee, air separation complex to produce oxygen and nitrogen in order to supply Nucor Corporation and Valero Energy Corporation. Praxair recently completed construction of a pipeline capable of serving multiple customers in the Riverport area. A new plant is expected to start up in the third quarter of this year. As part of this planned expansion, Praxair will add 400 tons per day of new liquid
 
Crane Co. Announces Date for First Quarter 2011 Earnings Release and Teleconference
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STAMFORD, Conn.--(BUSINESS WIRE)--Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its first quarter 2011 earnings release: Earnings Release: April 18, 2011 after close of market by public distribution and the Crane Co. website at www.craneco.com. Teleconference: April 19, 2011 at 10:00 AM (Eastern) hosted by Eric C. Fast, President & CEO, Andrew L. Krawitt, Vice President, Principal Financial Officer and Richard E. Koch, Director of Investor Relations
 
Tirex Files Fiscal 2009 Audited Financials
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WESTPORT, Conn.--(BUSINESS WIRE)--Tirex files fiscal 2009 audit
 
Barnes Group Inc. Note Holders Notified of Plans to Redeem Balance of 3.75 Percent Convertible Notes
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BRISTOL, Conn.--(BUSINESS WIRE)--Barnes Group Inc. (NYSE: B), a diversified global manufacturer and logistical services company, announced today that The Bank of New York Mellon Trust Company, N.A., trustee under the Indenture for the Company’s 3.75 percent Convertible Senior Subordinated Notes Due 2025, is providing notice to note holders that Barnes Group has exercised its right to redeem the remaining $92.5 million principal amount of the 3.75 percent Convertible Notes under the terms of the
 
Team Loctite® Strikes Gold in 2011 Winter X Games
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ROCKY HILL, Conn.--(BUSINESS WIRE)--Two Loctite-sponsored athletes struck gold at the 2011 Winter X Games, competing in snocross and freestyle events on high performance snowmobiles enhanced with Loctite adhesives and sealants.
 
Procter & Gamble, Unilever, Kraft Foods, Kimberly-Clark, General Mills and ConAgra Foods to Speak at Terra Technology User Conference
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NORWALK, Conn.--(BUSINESS WIRE)--Each year, Terra hosts the world's only Demand Sensing forum, attracting executives from top CPG companies eager to learn how others are using demand sensing to improve supply chain performance.
 
CiDRA Secures Major Project Win in Australia
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WALLINGFORD, Conn.--(BUSINESS WIRE)--CiDRA, working together with KROHNE in China and Australia, secured a major project win at CITIC Pacific Mining’s Sino Iron Project in Australia.
 
GE Aviation Secures Systems on Boeing Next-Generation KC-46A Tanker for United States Air Force
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CINCINNATI--(BUSINESS WIRE)--GE Aviation will provide advanced technologies in mission control systems for the Boeing KC-46A aircraft, which was selected by the United States Air Force.
 
New Pangborn Group Website Unites Four Distinct, Industry-Leading Surface Preparation Brands
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FAIRBURN, Ga.--(BUSINESS WIRE)--surface preparation, shot blasting, shot blast machine, wheel blast machine, air blast machine, shot peening, shot peening machine, metal surface preparation, pangborn group, pangborn
 
Kaman Reports 2010 Fourth Quarter and Full Year Results
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BLOOMFIELD, Conn.--(BUSINESS WIRE)--Kaman Corp. (NASDAQ GS:KAMN) today reported financial results for the fourth quarter ended December 31, 2010. Summary of Financial Results In thousands except per share amounts     For the Three Months Ended   December 31,   December 31, 2010 2009 $ Change Net sales: Industrial Distribution $ 218,687 $ 149,754 $ 68,933 Aerospace   146,422   119,318   27,104 Net sales $ 365,109 $ 269,072 $ 96,037   Operating income: Industrial Distribution $ 9,233 $ 3,380 $ 5,8
 
Silgan Completes Pending European Acquisitions
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STAMFORD, Conn.--(BUSINESS WIRE)--SILGAN COMPLETES PENDING EUROPEAN ACQUISITIONS
 
Praxair Issues $500 Million of 4.05% Notes Due 2021
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DANBURY, Conn.--(BUSINESS WIRE)--Praxair, Inc. (NYSE: PX) has priced $500 million of 4.05% notes due March 15, 2021. The notes are being offered under its universal shelf registration statement filed with the U.S. Securities and Exchange Commission. The offering is led by Citigroup Global Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities Inc. and HSBC Securities (USA) Inc. The offering is expected to close on March 4, 2011. The company anticipates usi
 
Stanley Black & Decker to Broadcast Analyst Day on Thursday, March 3, 2011
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NEW BRITAIN, Conn.--(BUSINESS WIRE)--Stanley Black & Decker (NYSE: SWK) will broadcast its analyst day on Thursday, March 3rd, 2011 beginning at 12:30pm ET and concluding at 4:30pm ET. The meeting will include presentations by Stanley Black and Decker’s President and Chief Executive Officer John F. Lundgren and other members of its corporate and business management teams. The broadcast will be accessible on the “Investors” section of the company website at www.stanleyblackanddecker.com. To l
 
TMC Moves the Smart Grid Summit to the Hyatt Dulles in Herndon, VA
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NORWALK, Conn.--(BUSINESS WIRE)--TMC, in association with Crossfire Media, today announced that the fifth iteration of the Smart Grid Summit will take place on June 21-22, 2011 at the Hyatt Dulles in Herndon, Virginia. After four successful collocations with ITEXPO, the Smart Grid Summit will now become a standalone event. TMC’s Smart Grid Summit focuses on the intersection of energy, IT and telecommunications. The conference identifies opportunities for utilities, service providers, and product
 
GE Appoints New Company Officer
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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE today announces the appointment of a new company officer. GE currently has 193 GE officers globally. GE officers lead large revenue generating businesses or are in critical functional roles, helping to drive growth. Below are details on GE’s new officer: Karl S. Fessenden, 48, has been appointed vice president of Power Generation Services, Energy Services, a business of GE Energy. In this position, he will be responsible for developing and executing a growth
 
Baldwin Elects New CFO
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SHELTON, Conn.--(BUSINESS WIRE)--Baldwin Technology Company, Inc. (NYSE Amex: BLD), a global leader in process automation technology for the print media industry, announced today that Ivan R. Habibe will join the Company as Vice President, Chief Financial Officer and Treasurer, effective April 4, 2011. Mr. Habibe was previously Chief Financial Officer of Russell Hobbs, Inc., an $800 million global consumer products company formed through the combination of Applica Incorporated and Salton, Inc. (
 
Cordray Named President of Volly
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STAMFORD, Conn.--(BUSINESS WIRE)--Chuck Cordray has been named the new president of Pitney Bowes's Volly secure digital delivery service.
 
The Hartford Names Douglas G. Elliot President Of Commercial Markets
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HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford Financial Services Group, Inc. today announced that Douglas G. Elliot, 50, will join the company as president of Commercial Markets on April 6. He will report to CEO Liam McGee.
 
Christopher De Rosa Promoted to Regional Vice President, West Segment
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BLOOMFIELD, Conn.--(BUSINESS WIRE)--CIGNA announced today that it has promoted Christopher De Rosa to regional vice president for the company’s west region.
 
Baldwin Japan Appoints New President
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SHELTON, Conn.--(BUSINESS WIRE)--Baldwin Technology Company, Inc. (NYSE Amex: BLD), a global leader in process automation technology for the print media industry, announced that it has named Mr. Ryohei Maeda as President and General Manager of Baldwin Japan Limited, effective immediately. Company President and CEO Mark T. Becker said, “We are pleased to have Ryohei (Roy) join Baldwin to lead our Japan regional team in delivery of world-class products and services to our customers in Baldwin Japa
 
Neil DeFeo, CEO Sun Products Retires and is Elected Chairman of the Board
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WILTON, Conn.--(BUSINESS WIRE)--The Sun Products Corporation, a leading North American fabric and household care products company, with well known brands such as all®, Wisk® and Snuggle®, today announced that Neil P. DeFeo, currently Chief Executive Officer, will retire effective May 20, 2011, consistent with his long-term goal of stepping back from day-to-day operations upon turning 65. The Company further announced that Mr. DeFeo has been elected Chairman of the Board of Directors of Sun Produ
 
Kaavo Appoints Sam Somashekar as Vice President of Marketing and Business Development
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STAMFORD, Conn.--(BUSINESS WIRE)--Kaavo today announced that it has appointed Sam Somashekar as Vice President of Marketing and Business Development.
 
BTS Recognized for Rising Star Consultants, Client Strategy Implementation
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SAN FRANCISCO & STAMFORD, Conn.--(BUSINESS WIRE)--Jessica Parisi,SVP BTS, & Bjorn Gustafsson,leader, BTS Brussels, won Training Magazine "2011 Top Young Trainers" awards. Newell Rubbermaid won a Stevie Award for a BTS-designed sales training program.
 
Aspen U.S. Insurance Announces Establishment of U.S. Surety Unit
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NEW YORK--(BUSINESS WIRE)--Aspen U.S. Insurance is pleased to announce the establishment of its new Surety insurance unit, led by Michael Toppi, Executive Vice President of Aspen U.S. Insurance. Joining Mr. Toppi will be Mathew Raino, Vice President, Commercial Surety, and Ryan Field, Assistant Vice President, Commercial Surety. The Surety team will based in Rocky Hill, Connecticut, and will adopt a niche approach to the market, with a focus on public and private commercial and non construction
 
Roby Named President, Praxair Asia
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DANBURY, Conn.--(BUSINESS WIRE)--Anne Roby, currently president of Praxair Electronics, has been named president of Praxair Asia, responsible for the growth and profitability of Praxair’s industrial gases business in China, India, South Korea, and Thailand. She will retain responsibility for the global electronics business, which has operations in Asia, Europe and North America. “Anne’s extensive knowledge of Praxair’s business and capabilities, along with her proven leadership abilities, puts h
 
GE Home & Business Solutions Names Jody Markopoulos as President & CEO of GE Intelligent Platforms
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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE Home & Business Solutions names Jody Markopoulos as President & CEO of GE Intelligent Platforms
 
Clinton Investment Management Welcomes William Veronda as Head of Credit Research
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STAMFORD, Conn.--(BUSINESS WIRE)--Clinton Investment Management, LLC (CIM), one of the nation's leading investment managers of municipal bond portfolios announced today that it has hired William Veronda as Head of Credit Research.
 
Prominent Attorney, Businessman and Humanitarian Named Chairman of the Executive Board of the Global Virus Network
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MILFORD, Conn.--(BUSINESS WIRE)--Timothy C. Moynahan named Chairman of the Global Virus Network Executive Board. The organization is a global authority & resource for the identification, investigation, & control of viral diseases.
 
GE Capital Names Mark Begor President & CEO of Real Estate and Margaret Keane President & CEO of U.S. Consumer Retail Finance
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NORWALK, Conn.--(BUSINESS WIRE)--GE Capital announced today that Mark Begor has been named president and CEO of GE Capital Real Estate, a diversified commercial real estate finance and investment firm. Margaret Keane has been promoted and will replace Begor as president and CEO for the U.S. Consumer Retail Finance business, consisting of the Retail Consumer Finance (RCF) and Sales Finance businesses. Begor succeeds Ron Pressman, who has led GE Capital Real Estate since 2007 and played a critical
 
Thinklogical Appoints Dana Rasmussen as Chief Operating Officer
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MILFORD, Conn.--(BUSINESS WIRE)--Dana Rasmussen joins Thinklogical's management team as new COO.
 
OdysseyRe Elects New President and Chief Executive Officer
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STAMFORD, Conn.--(BUSINESS WIRE)--Odyssey Re Holdings Corp. – announced today that effective April 1, 2011, Brian D. Young will become President and Chief Executive Officer of Odyssey Re Holdings Corp. (OdysseyRe), replacing Andrew A. Barnard who will be assuming a senior leadership role at parent company Fairfax Financial Holdings Limited. Mr. Young has been with the Company for 15 years, serving in a number of underwriting and management positions. For the past two years, Mr. Young has been Ch
 
GE Home & Business Solutions Names Maryrose Sylvester President & CEO of GE Lighting
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Maryrose Sylvester returns to serve as president and CEO of GE Lighting, replacing Michael Petras, who has chosen to pursue an opportunity outside of the company.
 

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