TWI News Circle – May 2019

General Motors becomes the first major auto company in history to have a female CEO and a female CFO.

(Source : BusinessInsider)

What was once considered a bastion for the car guys is now changing. The news that Chuck Stevens, the erstwhile CFO would retire and Dhivya Suryadevara, 39, would take his place, was astounding. She will now join Mary Barra, CEO at the C-suite level.

Suryadevara was GM’s vice president of corporate finance, a responsibility she assumed last year. The Harvard MBA has provided key support to Barra in GM’s investment and mergers-and-acquisitions undertakings.

GM’s executive leadership is an impressive reversal from the pre-bankruptcy company — and quite different from almost every other automaker currently in business. Crosstown rival Ford is the closest to GM in terms of gender balance at the top, with Marcy Klevorn overseeing the company’s mobility efforts.



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