Marshall To Retire From Associates

Harold D. Marshall, president and chief operating officer of Associates First Capital Corp., Irving, Texas, will retire early next year, the company has announced.Keith W. Hughes, Associates' chairman and chief executive officer, said that instead of naming a replacement the company will promote its operating business heads to senior executive vice presidents, who will report directly to Mr. Hughes. They are: David A. Brooks, 58, insurance operations; Wilfred Y. Horie, 52, international operations; Lawrence J. Pelka, 56, commercial operations; Joseph N. Scarpinato, 53, credit card operations; and Thomas R. Slone, 56, consumer operations. Mr. Hughes said the retiring Mr. Marshall, 62, "culminates an illustrious 38-year career at The Associates, where his legacy will remain the strength of the management team he has led and developed."