Schoenholz Joins ING as Head of Infrastructure Services

PRNewswire-FirstCall
HARTFORD, Conn.
Feb 16, 2007

ING U.S. Financial Services has named Dave Schoenholz as its new head of infrastructure services. In that role, he is responsible for the corporate technology infrastructure across ING Insurance Americas. Schoenholz spent 12 years with General Electric in a variety of IT management positions, most recently serving as global leader, infrastructure operations, for General Electric's infrastructure shared-service organization.

"Dave has a strong background of developing successful business partnerships and delivering cost-effective and scalable technical infrastructure to support dynamic business growth," said Steven Van Wyk, chief information officer at ING U.S. Financial Services. "I believe Dave will be a great addition to our technology management team, and we look forward to his thoughtful leadership."

As vice president, infrastructure shared services, GE Money, Schoenholz spearheaded the transformation of the infrastructure for this leading consumer financial services company. In this role, he was the infrastructure leader who actively drove and supported the tremendous 2003 - 2006 expansion of GE Money Americas. Most recently, Schoenholz served as global leader, infrastructure operations for the General Electric Company, where he was responsible for defining and delivering the operating model for the worldwide IT infrastructure, while striving for operational excellence in a global shared- services model.

Prior to joining General Electric in 1994, Schoenholz worked for PepsiCo in a variety of roles, including the restaurant-redesign effort for the Taco Bell division. He also worked for Arthur Andersen as a senior consultant.

Schoenholz earned a bachelor's degree from the State University College of New York at Oneonta, and a master's degree in business administration from the Simon Graduate School of Business at the University of Rochester. He and his family will be relocating to the Hartford area.

ING is a global financial institution of Dutch origin offering banking, insurance and asset management to over 60 million private, corporate and institutional clients in more than 50 countries. With a diverse workforce of over 115,000 people, ING comprises a broad spectrum of prominent companies that increasingly serve their clients under the ING brand.

In the U.S., the ING family of companies offer a comprehensive array of financial services to retail and institutional clients, which includes life insurance, retirement plans, mutual funds, managed accounts, alternative investments, direct banking, institutional investment management, annuities, employee benefits, financial planning, and reinsurance. ING holds top-tier rankings in key U.S. markets and serves over 14 million customers across the nation. For more information, visit www.ing.com.

SOURCE: ING U.S. Financial Services

CONTACT: Phil Margolis of ING U.S. Financial Services, +1-860-723-4783,
or phil.margolis@us.ing.com

Web site: http://www.ing.com/us
http://www.ing.com/