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GE Capital Fleet Services Appoints New President of Small Fleet and New Senior Vice President

26 January 2000

GE Capital Fleet Services Appoints New President of Small Fleet and New Senior Vice President

    MINNEAPOLIS, Jan. 26 -- GE Capital Fleet Services has
promoted Richard Neff to president and general manager, Small Fleet Services,
and Bob Williams to senior vice president, North American operations.
    Neff joined GE in 1987 and has held positions in Corporate and GE Medical
Systems before joining Fleet Services in 1996.  Most recently, Neff was the
senior vice president for global quality.  In his new role, Neff will focus on
driving and directing initiatives for GE Capital Small Fleet Services, a
business unit of GE Capital Fleet Services.  He replaces Jeff Kiesel who has
been appointed business leader for the newly established GE Small Business
Solutions.
    Williams, a GE veteran, spent 25 years in GE Plastics before joining GE
Capital Fleet Services in 1997.  Since then he has held a variety of
assignments including sales, product management, technology and marketing.
Williams, who most recently was the eastern sales vice president, replaces
Marian Powell who was recently appointed senior vice president, e-commerce.
    "I am pleased to announce the promotion of two very talented people," said
Rick Smith, president and CEO, GE Capital Fleet Services.  "Both Richard and
Bob have made tremendous contributions to our organization and bring years of
experience and expertise to their new roles."
    With headquarters in Eden Prairie, Minn., GE Capital Fleet Services is one
of the largest fleet management companies in the world with more than
1 million commercial cars and trucks under lease and service management.  It
has operations in the United States, Canada, Mexico, Europe, Japan, Australia,
New Zealand and Brazil.  GE Capital, with assets of more than US$300 billion,
is a global, diversified financial services company with 28 specialized
businesses.  A wholly-owned subsidiary of General Electric Company, GE
Capital, based in Stamford, Conn., provides equipment management, mid-market
and specialized financing, specialty insurance and a variety of consumer
services, such as car leasing, home mortgages and credit cards, to businesses
and individuals around the world.  GE is a manufacturing, technology and
services company with operations worldwide.