Knutson Names Former GE Exec Ray W. Sims To a Top Post

MINNEAPOLIS - Knutson Mortgage Corp. has named Ray Warren Sims president and chief operating officer.

Chief executive Glenn R. Wilson Jr. said, "The addition of Sims jump- starts Knutson's market growth plan by focusing on innovations in sales and service."

Mr. Wilson added that Mr. Sims has done pioneering work in third-party, high-tech origination services and customer-service programs.

Mr. Sims began his career in 1989 with GE Capital Mortgage Services Inc. and was president of its residential express division, where he was involved in many of the company's strategic initiatives, including the acquisition of Traveler's Mortgage Services.

Most recently, Mr. Sims was in charge of enhancing the profitability of GE's large servicing portfolio, which recently topped the $100 billion mark.

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