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POTTS JOINS GREEN TREE FINANCIAL CORPORATION

 ST. PAUL, Minn., Aug. 20 /PRNewswire/ -- Green Tree Financial Corporation (NYSE: GNT) today announced that Robert D. Potts has joined the company as a consultant. Potts had served as Managing Partner of Deloitte & Touche-Twin Cities since 1988.
 Potts will work directly with and report to Lawrence M. Coss, Green Tree Financial's chairman, president and chief executive officer. "We are extremely pleased that Bob will be joining us," Coss said. "His broad base of financial and operational experience with leading companies will go far in helping us achieve the aggressive growth objectives we've set for the company."
 While at Deloitte & Touche, Potts was a member of the Management Advisory Council and the Management Committee. He is a graduate of the University of Minnesota.
 Potts has held a variety of leadership positions with numerous civic organizations in the Twin Cities. These include the Executive Committee and Board of Directors of the United Way, the Executive Committee and Board of Directors of the Greater Minneapolis Girl Scout Council, the National Board of Directors of the University of Minnesota Alumni Association, the Board of Directors of the Minnesota Business Partnership, and past-President of the Children's Heart Fund. He has presented papers and speeches on financial and business topics to the business community and has been a guest lecturer at the University of Minnesota.
 Green Tree Financial makes loans to individuals in the 48 contiguous states for manufactured homes, home improvements and special products. Green Tree currently services approximately 365,000 contracts totaling $6.2 billion in outstanding principal balances. Green Tree's common stock is traded on the New York and Pacific Stock Exchanges under the symbol "GNT".
 -0- 8/20/93
 /CONTACT: John W. Brink of Green Tree Financial, 612-293-3400; or Melissa Quinn of Padilla Speer Beardsley, 612-871-8877, for Green Tree Financial/
 (GNT)


CO: Green Tree Financial Corporation ST: Minnesota IN: FIN SU: PER

KH-DB -- MN005 -- 8699 08/20/93 13:18 EDT
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Publication:PR Newswire
Date:Aug 20, 1993
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