Michael A. Neal is a Vice Chairman of General Electric Company. He is also the Chairman & Chief Executive Officer of GE Capital Services.
GE Capital Services, which provides financial products and services to businesses and consumers globally, finished 2009 with net income of $ 2.3 billion and assets in excess of $ 535 billion.
Neal joined GE in 1979, working on the Company's industrial side. In 1987, he was named Vice President and General Manager of Vendor Financial Services. Three years later, Neal became General Manager of GE Commercial Equipment Financing (CEF). Under his leadership, CEF became the world's largest provider of financing for equipment of all types.
Neal served as GE Capital Executive Vice President from 1994 to 1999 – a period of enormous growth for GE’s financial services businesses. In 2000, he was named GE Capital's President and Chief Operating Officer.
In 2002, Neal became President and CEO of GE Commercial Finance and President of GE Capital Services. Three years later, he was named a Vice Chairman of General Electric Company and Chairman of GE Capital Corporation.
Neal is a graduate of the Georgia Institute of Technology.
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 19 of the largest and most diversified financial services institutions doing business in the United States.
The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.