John H. Myers was named president of GE Investments, succeeding industry veteran Dale F. Frey, who is retiring after 40 years with parent General Electric. Mr. Frey headed the GE Investments unit since 1984. The unit began managing outside assets in 1988 and is listed as the 24th largest manager of tax-exempt assets in P&I's directory of money managers.
Mr. Myers assumes leadership of the unit effective immediately. He has been with GE Investments since 1986, most recently as executive vice president, where he headed GE's fixed income, private equity and real estate groups; his replacement has not been named yet.