General Motors Co stated on Wednesday Dhivya Suryadevara, these days vice-president of company finance, will succeed Chuck Stevens on Sept. 1 as leader financial officer of the No. 1 US automaker.
Suryadevara, 39, has played an integral position in some important deals GM has made as it has restructured operations during the last several years, together with the divestiture of the corporate's European arm Opel and the purchase of self-driving automobile startup Cruise. She played a task in securing earlier this month a $2.25 billion investment in GM Cruise via Japanese tech large SoftBank Group Corp, GM stated in a observation.
During her 13 years with the Detroit-based company, Suryadevara helped succeed in ratings upgrades from all three credit score ratings companies, finished $2 billion in notes issuance to fund discretionary pension contributions and upsized and renewed GM's $14.five billion revolving credit score facility, the corporate stated.
She was named vp, company finance, in July 2017, a role that included overseeing investor family members.
Stevens will stay with the corporate as an adviser till his retirement in March, the corporate stated. Stevens has labored at GM for 40 years and became CFO in January 2014.
"We expect a smooth transition and status quo on the strategy," RBC Capital Markets analyst Joseph Spak wrote in a observe on Wednesday.
Suryadevara, 39, has played an integral position in some important deals GM has made as it has restructured operations during the last several years, together with the divestiture of the corporate's European arm Opel and the purchase of self-driving automobile startup Cruise. She played a task in securing earlier this month a $2.25 billion investment in GM Cruise via Japanese tech large SoftBank Group Corp, GM stated in a observation.
During her 13 years with the Detroit-based company, Suryadevara helped succeed in ratings upgrades from all three credit score ratings companies, finished $2 billion in notes issuance to fund discretionary pension contributions and upsized and renewed GM's $14.five billion revolving credit score facility, the corporate stated.
She was named vp, company finance, in July 2017, a role that included overseeing investor family members.
Stevens will stay with the corporate as an adviser till his retirement in March, the corporate stated. Stevens has labored at GM for 40 years and became CFO in January 2014.
"We expect a smooth transition and status quo on the strategy," RBC Capital Markets analyst Joseph Spak wrote in a observe on Wednesday.
General Motors names Dhivya Suryadevara CFO
![General Motors names Dhivya Suryadevara CFO]()
Reviewed by Kailash
on
June 13, 2018
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