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In The Marketplace
Hitachi Capital America Corp. of Norwalk, CT has promoted William H. Besgen to president and chief operating officer. He succeeds Yuichiro “Ron” Shimada, formerly president and CEO, who retains the position of CEO. Besgen joined Hitachi in April 1990 as executive vice president and chief operating officer. His career began at Citicorp where he worked for 21 years as a vice president, having a number of senior management responsibilities, primarily in its various equipment finance/leasing businesses. Hitachi Capital America is a subsidiary of Hitachi Capital Corporation of Tokyo and Hitachi's independent U.S. finance company.
CIT Group Inc. of Livingston, NJ has announced that its Board of Directors has elected Jeffrey M. Peek as the company's president and chief executive officer. Peek had previously served as CIT's president and chief operating officer. Albert R. Gamper, Jr., who had served as chief executive officer since 1987, will remain as chairman until his retirement on Dec. 31, 2004. Peek joined CIT and its Board in September 2003, as part of a succession plan aligned with Gamper's desire to transition CIT's leadership and executive responsibilities. Prior to joining CIT, Peek was vice chairman of Credit Suisse First Boston LLC and held a number of executive positions at Merrill Lynch.
Hitachi Capital America Corp. of Norwalk, CT has promoted William H. Besgen to president and chief operating officer. He succeeds Yuichiro “Ron” Shimada, formerly president and CEO, who retains the position of CEO. Besgen joined Hitachi in April 1990 as executive vice president and chief operating officer. His career began at
Yachts, Jets, Horses & Hooch: Specialized Commercial Leasing Models
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