Thomas Sedran, an Opel board member, has been named the temporary chairman to replace Karl-Friedrich Stracke, who vacated the position last week. Officially, Sedran is the deputy chairman of Opel’s management board but he will serve as the chairman until GM finds a permanent replacement. Sedran, who is now 47, is the board member responsible for operations, business development and corporate strategies.
He has been in this position since April. Before Opel/Vauxhall employed Sedran, he had been a management consultant for a long period in his career. Starting in 2006, he handled automotive business affairs for the global management consultants AlixPartners. He had also been working closely with Opel. The reshuffled management board of Opel will have to employ quick changes to boost the company's finances while Europe's economic crisis is ongoing.
GM vice chairman Steve Girsky was named as the acting head of GM’s European operations after Stracke resigned last Thursday. He said that he will continue to put into action its business plan as it was outlined and to make improvements. He said that bureaucracy will be reduced further and it will continue to pose challenges to the corporate culture.