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Bloomberg reported General Electric Co. (GE) Chief Financial Officer Keith Sherin will take over as head of GE Capital as soon as this summer, according to a Wall Street Journal report.
According to the report, Mike Neal plans to step down as GE Capital chief executive officer, said a person familiar with the situation who asked not to be identified because the move hasn’t been publicly announced.
Additionally, according to the WSJ report, GE Capital CFO Jeff Bornstein will replace Sherin.