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NIGEL ANDREWS NAMED GE CAPITAL EXECUTIVE VICE PRESIDENT

 STAMFORD, Conn., July 15 /PRNewswire/ -- GE Capital today announced that Nigel D.T. Andrews has been appointed executive vice president of the company, effective Aug. 1, 1993. Andrews has been serving as head of GE Plastics Americas.
 "Nigel Andrews brings a strong background in global business operation, and is an important addition to our executive team as we work to capitalize on the challenges and opportunities in the expanding global marketplace," said Gary C. Wendt, president and chief executive officer of GE Capital. "Nigel Andrews joins Denis J. Nayden and Edward D. Stewart as part of the management team that overseas GE Capital's businesses."
 In his new role, Andrews will be responsible for a portfolio of businesses that includes: Transport International Pool, which owns and manages more than 62,000 over-the-road trailers; GE Railcar Services, with a fleet of more than 140,000 railcars; Modular Space, the nation's largest supplier of mobile and modular buildings; Computer Services, the leader in computer hardware service and maintenance; Computer Leasing, a leading lessor of new and used computers; Genstar Container, the world's largest owner and lessor of intermodal cargo containers; Fleet Services, which leases more than 620,000 cars and vans; the Financial Guaranty Insurance Company, the second largest municipal bond insurer in the nation; and oversight of GE Capital's Europe operations.
 Andrews, who fills the post previously held by Stephen Berger, served as head of GE Plastics Americas since mid-1990, and earlier had been vice president and general manager of GE Silicones. He joined GE in 1987 as vice president of corporate business development and planning after nearly 10 years with Booz, Allen & Hamilton, management consultants. Jeffery R. Immelt, previously General Manager of GE Plastics' Commercial Operations in the Americas, has been named to head GE Plastics Americas.
 GE Capital, a wholly-owned subsidiary of General Electric Company (NYSE: GE), is a diversified financial services company headquartered in Stamford, Conn. GE Capital's activities include equipment management, mid market financing, specialized financing, specialty insurance and consumer services. GE is a diversified manufacturing, technology and services company with operations worldwide.
 -0- 7/15/93
 /CONTACT: Anthony B. Zehnder of GE Capital, 203-357-4728 or home, 203-657-3824/
 (GE)


CO: General Electric Capital Corporation ST: Connecticut IN: FIN SU: PER

LG-WB -- NY021 -- 1866 07/15/93 10:42 EDT
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Publication:PR Newswire
Date:Jul 15, 1993
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