GM Appoints Top Executive To Lead Opel/Vauxhall Operations
Published:10-November-2009
By Staff Reporter
Also commenced an external search for a new CEO
GM has appointed Nick Reilly, executive vice president at GM and president of GM International Operations, to govern the operations of Opel/Vauxhall Europe. Meanwhile, the company has commenced an external search for a new CEO.
Mr. Reilly, with a prior experience in Europe with the Opel and Vauxhall brands, is likely to support the European leadership team in running the business and will oversee the creation of a strategy to position Opel/Vauxhall for long-term success.
The company said that Mr. Reilly maintains overall direction of GM's International Operations based in Shanghai, China, but day-to-day operations of the various international subsidiaries in his organization would be handled by the respective country managing directors, while he serves in Europe.
Fritz Henderson, president and CEO of GM, said: "As we announced last Tuesday, Opel/Vauxhall will remain a fully integrated member of the New GM family, a decision that is in the best interests of Opel/Vauxhall, its customers, employees, other stakeholders and GM. With his deep experience with the Opel and Vauxhall brands, Nick is well suited to lead this transition and to work toward the earliest possible normalization of the business."
Reportedly, Hans Demant, vice president of Engineering at GM Europe and managing director of Adam Opel GmbH, retains his role leading the Opel management board and would work with Mr. Reilly in the transition.
