Ray Young is GM’s new vice president of international operations

Article by Christian A., on August 27, 2010

Ray Young, 47 years old, will start his duties as General Motors Co.'s new vice president of international operations on February 1. In the past weeks, many speculations have been heard about Young's future as GM's finance chief. In a statement, GM specifies that Young will report to International President Tim Lee beginning February.

Young is also tasked to lead the unit's finance activities and have other roles that have yet to be clarified. He will continue to serve as the CFO until a successor is named. 

Chairman and interim CEO Ed Whitacre also prepared a statement, praising Young for being instrumental in leading the company through a complicated bankruptcy.

Whitacre pointed to Young's "vast global experience and financial expertise" as being essential in managing the challenges and dynamics of growing its international business.

Since summer, reports have stated that GM was seeking to replace Young. It was in March 2008 that Young became CFO, taking over for Fritz Henderson.

Earlier this month, Henderson was ousted as CEO while his predecessor, Rick Wagoner, was removed in March by the Obama administration in advance of the Chapter 11 filing.

Topics: gm

If you liked the article, share on:

Pin It

Comments

Recommended

Lamborghini has disclosed that it is looking into the possibility of releasing electric vehicles. With the Volkswagen Group revealing that it will be releasing electric vehicles within several years, there...
by - March 25, 2017
Daimler AG, through its Smart division, has disclosed that its two electric models, the Smart ForTwo and the Smart ForFour are now open for orders in Germany. Official market launch...
by - March 25, 2017
Lamborghini has officially offered clear proof that the Huracán Performante was able to set a new record at the Nürburgring Nordschleife with a time of 6:52.01 It was in early...
by - March 25, 2017
Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries