GE Capital Fleet Services Names Kristi Webb as President and CEO

Eden Prairie, Minn. – September 10, 2012 – GE Capital Fleet Services today announced the appointment of Kristi Webb as President and Chief Executive Officer.  Webb replaces Clarence Nunn, who was recently appointed Chief Commercial Officer for GE Capital, Americas.

Webb was previously General Manager of GE Capital’s Dealer Finance business that provides wholesale and retail leasing services to thousands of dealers and resellers across a wide range of commercial products. In that role, she had the opportunity to collaborate with GE Capital Fleet Services on strategic projects.

“GE Capital Fleet Services is a leader in its industry and provides customers with a full suite of financing and strategic fleet management solutions,” said Webb. “I look forward to working closely with customers, OEMs, and industry partners and further enhancing our suite of service offerings and our position as a global alternative fuels leader.”

Since joining GE in 1998, Webb has held key leadership roles across the company in Marketing, Operations and Quality. Prior to her general manager role at GE Capital Dealer Finance, she was Chief Marketing Officer at two other equipment finance businesses at GE Capital, and served in leadership positions with GE Plastics and GE Advanced Materials Automotive in the Netherlands.

About GE Capital, Fleet Services

GE Capital, Fleet Services, based in Eden Prairie, Minn., is a global fleet management company with operations in the United States, Canada, Europe, Japan, Australia and New Zealand. Visit the website at gefleet.com or follow the company’s eco news and updates via Twitter (@GEFleetSvcs).

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital). GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.