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GM says veteran exec Reilly will lead Opel/Vauxhall

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GM says veteran exec Reilly will lead Opel/Vauxhall



NOVEMBER 10, 2009 15:28 CET

MUNICH -- Veteran General Motors Co. executive Nick Reilly will assume responsibility for the operations of Opel/Vauxhall Europe while an external search for a new CEO commences, GM said today.

Reilly, a former managing director of Vauxhall in the UK and current head of GM's international operations, replaces Carl-Peter Forster, who quit GM on Friday after criticizing the carmaker for reversing a decision to sell Opel/Vauxhall unit to Canadian supplier Magna International Inc. and its Russian partner Sberbank.

Reilly, a British native, 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 will be handled by the respective country managing directors while he serves in Europe, GM said.

"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," GM CEO Fritz Henderson said in a statement.

Hans Demant, Opel's managing director retains his role leading Opel's management board and will work with Reilly in the transition.

Bob Lutz, GM's top marketing boss, will chair Opel's supervisory board and help steer a restructuring plan at the carmaker.

Reilly, 59, joined GM in 1975 with the former Detroit Diesel Allison Division in the UK.


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