| CEO Name | Alec Burger |
| Nationality | United States |
| Net Worth Estimation | $50 million |
Alec Burger, CEO of General Electric Capital Corporation, has an estimated net worth of around $50 million, primarily derived from executive compensation, bonuses, and stock holdings accumulated over his tenure at GE and other financial institutions. His wealth reflects long-term leadership roles, strategic influence, and equity-based incentives typical for top executives in the financial sector.
Alec Burger, CEO of General Electric Capital Corporation, has an estimated net worth of $50,000,000, which is 100% of the maximum CEO net worth in the leasing business category. His net worth is also 50 times greater than the minimum estimated CEO net worth of $1,000,000.
Business Category: Leasing
Minimum Net Worth (estimation): 1000000 USD
Maximum Net Worth (estimation): 50000000 USD
Alec Burger Performance in General Electric Capital Corporation
Alec Burger, CEO of General Electric Capital Corporation, demonstrated strong leadership by driving strategic decision-making focused on risk management and financial optimization. His performance emphasized enhancing operational efficiency and portfolio diversification, contributing to stabilized earnings amid market volatility. Burger's impact led to improved asset quality and sustained growth, reinforcing GE Capital's position as a key financial services provider.
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General Electric Capital Corporation: Legacy, Challenges, and the End of an Era
General Electric Capital Corporation (GECC) expanded aggressively under past GE CEOs but became mired in risky financial ventures, culminating in a near-collapse during the 2008 financial crisis requiring a $12 billion emergency bailout. Following years of restructuring under new leadership, GE has now shifted focus away from financial services after the breakup of its conglomerate and the sale of assets like its truck leasing business.
Source: http://www.foxbusiness.com/markets/ge-corporation-analysis