General Motors has announced that Mary Barra, the manufacturer’s current vice president of Global Product Development, Purchasing and Supply Chain, will become the company’s next CEO, replacing current boss Dan Akerson, who will be retiring next month.
Appointed in 2009, the 65-year-old exec is stepping down after leading the Detroit automaker out of bankruptcy. As for Barra, 51, she’s been with GM the past 33 years, helping revitalize GM’s product development process “resulting in the launch of critically acclaimed new products”.
"With an amazing portfolio of cars and trucks and the strongest financial performance in our recent history, this is an exciting time at today's GM," said Barra. "I'm honored to lead the best team in the business and to keep our momentum at full speed."
Additionally, GM revealed that Dan Ammann, executive vice president and chief financial officer, was named company president, while Mark Reuss, executive vice president and president of GM North America, will replace Barra as executive vice president, Global Product Development, Purchasing and Supply Chain.
Also, Alan Batey will take over Reuss’ responsibilities, while Steve Girsky, currently in charge with Corporate Strategy, Business Development and Global Product Planning, will move to a senior advisor role until leaving the company in April 2014. More details are available in the press release below.
"With an amazing portfolio of cars and trucks and the strongest financial performance in our recent history, this is an exciting time at today's GM," said Barra. "I'm honored to lead the best team in the business and to keep our momentum at full speed."
Additionally, GM revealed that Dan Ammann, executive vice president and chief financial officer, was named company president, while Mark Reuss, executive vice president and president of GM North America, will replace Barra as executive vice president, Global Product Development, Purchasing and Supply Chain.
Also, Alan Batey will take over Reuss’ responsibilities, while Steve Girsky, currently in charge with Corporate Strategy, Business Development and Global Product Planning, will move to a senior advisor role until leaving the company in April 2014. More details are available in the press release below.