GMAC Sub Gets New CEO

Lane Barnett has been named president and chief executive officer of GMAC Real Estate Franchised Offices, an operating subsidiary of GMAC Home Services, Oak Brook, Ill.Mr. Barnett was most recently executive vice president in the parent company's Support Services Group. The parent company also announced four other executive promotions. Johnny Elliott has been named executive vice president of new business acquisitions at GMAC Home Services, and Brian Peterson has been named chief financial officer of the company. Judy O'Brien has been named EVP and chief operating officer of GMAC Real Estate Company Owned Offices. And Maggie Ryan has been named senior vice president of global services for GMAC Global Relocation Services.

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