January 2008 Ronald R. Pressman is president and chief executive officer of GE Real Estate, one of the world’s largest and most diversified commercial real estate finance and investment firms, with a presence in 28 countries and a portfolio with more than $59 billion in assets. A 27-year GE veteran, Mr. Pressman most recently served as President and Chief Executive Officer of GE Asset Management, a global investment business with approximately $197 billion in assets under management. In this role he was responsible for the management of more than 200 institutional client accounts, GE's primary U.S. pension plan, the GE Savings and Security 401(k) plan and a variety of GE-affiliated insurance accounts. Mr. Pressman serves as a member of the Corporate Executive Council and is a director of GE Capital Services Inc. and GE Capital Corporation Boards. He was elected an officer of GE in 1993 and senior vice president in July 2000. Earlier in his career, Mr. Pressman has held a wide variety of roles on Wall Street to global business leadership roles in Europe and in the U.S. He was president and CEO of GE Insurance, and chairman, president and CEO of GE Insurance Solutions, one of the world's largest reinsurance and insurance organizations from 2000 to 2006. From 1997 to 2000 he was president and CEO of GE Capital Real Estate, and prior to that he was CEO of GE Energy Europe for three years, during which GE purchased its current Oil & Gas business unit in Italy. From 1992 to 1995 Mr. Pressman led several business units for GE Energy in the U.S., including the Gas Turbine, Steam Turbine Generator and Hydro businesses. He also spent three years helping GE re-enter the Central and Eastern European markets, serving as general manager of these regions for GE International. He began his career with GE in 1980. Mr. Pressman has also been involved in many civic and educationally oriented activities in his communities. He is currently chairman of the National Board of a Better Chance and director of Pathways to College. Mr. Pressman is a graduate of Hamilton College in Clinton, New York.