Frew quits GE SeaCo
Container leasing company GE SeaCo said Chief Executive Officer Angus Frew has left “to pursue new opportunities.”
Frew, originally a chartered accountant, joined GE SeaCo in 2002 after 12 years in the beverage industry working for Diageo and Seagram.
David G. Amble, chairman of the GE SeaCo board, will serve as acting CEO until a permanent replacement is hired.
“The board thanks Mr. Frew for his leadership of GE SeaCo during a period of change and wishes him all future success,” GE SeaCo said in a statement. “The change in leadership will have no impact on GE SeaCo's strategic direction nor on its goals of enhancing customer service capability and growing its marine container leasing business.”
GE SeaCo, headquartered in Barbados but with a service center in London, was established in 1998 when Sea Containers Ltd. and General Electric Capital Corp. formed a joint venture by merging their container assets.