21 Nov 2011
Detroit/Ruesselsheim. General Motors Vice Chairman Stephen Girsky has been named Chairman of the Supervisory Board, Adam Opel AG, effective immediately. He replaces Nick Reilly, who resigned from the Board as a member and chairman. Reilly recently announced that he had elected to retire from GM in March 2012.
"With Steve Girsky as Chairman of the Board and Karl-Friedrich Stracke as President of GME and CEO of Opel/Vauxhall, GM has two highly experienced leaders to take Opel to the next level," said GM Chairman and CEO Dan Akerson. "They will build on the hard work that’s been done under Nick Reilly's leadership to return our European operations to sustainable profitability."
Girsky added: “GM is committed to Opel and wants the brand to grow in a profitable way. To realize Opel’s full potential, we will continue to optimize its cost structure, improve margins and better leverage GM’s scale.”
Supporting these efforts are the appointments to the Opel Supervisory Board of GM Chief Financial Officer Dan Ammann and GM International Operations President Tim Lee. Girsky has served as a member of the Opel Supervisory Board since January 2010.
In addition, the Supervisory Board of Adam Opel AG today appointed Peter Thom as new Management Board member in charge of Manufacturing, effective March 1, 2012.
Thom (48), who has also been named Opel/Vauxhall Vice President, Manufacturing, succeeds Reinald Hoben (59) who will retire early next year.
Peter Thom is currently Manufacturing Manager of GM China, based in Shanghai. He brings a wealth of international experience in manufacturing and has been a plant manager at GM facilities in Sao Paulo (Brazil), Luton (UK) and Eisenach (Germany).
Thom, who was also President of the Opel Eisenach GmbH, played a vital role in making the Thuringian plant one of the most productive facilities within the European auto industry. "I feel honored by the decision of the Supervisory Board and I am looking forward to return to Germany and to be part of the team that is shaping Opel/Vauxhall’s future success" said Peter Thom.
Opel/Vauxhall CEO Karl-Friedrich Stracke praised Reinald Hoben for his dedicated and outstanding work since he joined the company as a young engineer in 1978. "Thanks to the work of Reinald Hoben and his team, Opel/Vauxhall is not only the most productive manufacturer in Europe, but our plants are also building vehicles of outstanding quality for our customers,” said Stracke. “We welcome Peter Thom back to Germany and look forward to his leadership in Manufacturing building upon and further expanding from our strong position."
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