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GE PROMOTES FRESCO, DOYLE TO CORPORATE EXECUTIVE OFFICE; GIVES PRESIDENT TITLE TO HEADS OF KEY BUSINESS UNITS

 GE PROMOTES FRESCO, DOYLE TO CORPORATE EXECUTIVE OFFICE;
 GIVES PRESIDENT TITLE TO HEADS OF KEY BUSINESS UNITS
 FAIRFIELD, Conn., Aug. 3 /PRNewswire/ -- GE (NYSE: GE) Chairman John F. Welch, Jr., announced today the promotion of two senior officers to GE's corporate executive office. This office is responsible for the management of the world's largest diversified manufacturing, services and technology company.
 Paolo Fresco, 59, will join Edward E. Hood, Jr., as a GE vice chairman and executive officer. A member of the GE board of directors since December 1990, Fresco was formerly senior vice president GE International.
 Frank P. Doyle, 61, will become GE executive vice president and will join Welch, Hood and Fresco in the four-person corporate executive office. Doyle had been senior vice president external and industrial relations.
 At the same time, Welch said the heads of GE's 13 key businesses will all have the title of "President and Chief Executive Officer" for their businesses in addition to retaining their corporate positions as GE vice president or GE senior vice president.
 Said Welch in announcing the promotions and the title changes: "These changes are important for two reasons. They recognize the unique abilities and contributions of two senior officers, and they emphasize that our business leaders head large, vibrant organizations.
 "The promotion of Paolo Fresco recognizes his leadership in increasing the globalization of our company $16 billion in non-U.S. revenues in 1991 and the increasing importance of the global market.
 "Frank Doyle's promotion recognizes Frank's broad experience in a myriad of assignments and, specifically, his strong background in industrial relations.
 "The new 'president and CEO' title for the heads of all GE's key businesses is more reflective of the duties of our business leaders. All 13 of our key businesses are the size of Fortune 500 companies; five are the size of Fortune 100 companies."
 Fresco, an Italian citizen who is based in London, has headed GE International since 1985. He has played a key role in several significant GE transactions including the acquisition of a controlling interest in Tungsram of Hungary; GE's joint ventures with GEC of the United Kingdom; the swap with Thomson SA of France involving GE's consumer electronics business and Thomson's CGR medical diagnostic imaging business; and the sale of Utah International to Broken Hill Proprietary Co., Ltd., of Australia. He joined GE in 1962 as a lawyer with the company's Italian subsidiary. He subsequently held operating and staff positions of increasing responsibility throughout the world. A graduate of law from the University of Genoa, Fresco practiced law in Rome between 1955 and 1962.
 Doyle, a GE senior vice president since 1981, joined the company in 1978 as vice president-employee relations. He is the senior member of GE's Corporate Compliance Review Board and is a recognized national leader in all aspects of labor relations and human resources who is frequently asked to testify before Congress on employee, labor and social services issues. Prior to joining GE, Doyle held a series of increasingly important operating and staff positions at Curtiss-Wright Corp., American Standard Corp., Western Union and Pan American World Airways where he was senior vice president-personnel, group executive and member of the board of directors. He holds a BA from Notre Dame and an MBA from Rutgers.
 The heads of GE businesses who have new titles are Eugene F. Murphy, president and CEO-GE Aerospace; Brian H. Rowe, president and CEO-GE Aircraft Engines; J. Richard Stonesifer, president and CEO-GE Appliances; David C. Genever-Watling, president and CEO-GE Industrial and Power Systems; John D. Opie, president and CEO-GE Lighting; John M. Trani, president and CEO-GE Medical Systems; Gary L. Rogers, president and CEO-GE Plastics; W. James McNerney, Jr., president and CEO-GE Electrical Distribution and Control; James W. Rogers, president and CEO- GE Motors; and Robert C. Nardelli, president and CEO-GE Transportation Systems.
 Three leaders of key GE businesses Hellene S. Runtagh, Gary C. Wendt and Robert C. Wright already had the president's title at, respectively, GE Information Services, GE Financial Services and NBC.
 All the actions announced today are effective immediately.
 -0- 8/3/92 R
 /CONTACT: Bruce Bunch of General Electric, 203-373-2039, or home, 203-263-5595/
 (GE) CO: General Electric ST: Connecticut IN: SU: PER


AH -- NY006R -- 6123 08/03/92 11:50 EDT
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Date:Aug 3, 1992
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