A Reuters article reports the global head of GE Capital Markets, Stewart Koenigsberg, has announced his retirement and is expected to leave the company later this year. The Reuters article also notes a GE Capital spokesperson has confirmed this information.

Reuters notes Koenigsberg joined GE Capital in 1989. Before taking the helm of the capital markets group, he held a series of executive leadership positions including roles with GE Capital's commercial real estate, corporate finance and capital markets businesses.

According to the Reuters article, John Martin, president and chief executive officer of GE Antares Capital, a unit of GE Capital, will replace Koenigsberg. Martin is one of the founding partners of Antares Capital.

To view the entire Reuters article, click here.