Marshall steps down from posts at GE Lighting unit

Marshall stepping down as president and CEO of GE Lighting Europe, Middle East and Africa

EAST CLEVELAND, Ohio (AP) -- The president and CEO of GE Lighting Europe, Middle East and Africa is leaving the company to pursue a position elsewhere.

GE Lighting said Wednesday that Agostino Renna will succeed Phil Marshall, effective immediately. The 42-year-old Marshall had served in the posts since 2008.

Renna will report to GE Lighting President and CEO Maryrose Sylvester. Renna, 39, most recently served as vice president of growth and market strategy for GE-Canada.

GE Lighting parent General Electric Co.'s stock added 36 cents to $21.35 in morning trading.