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Industry

Christopher Bruce2012-07-13 20:54:58

Opel Chairman Steps Down; GM Vice Chairman Takes Over

Karl-Friedrich Stracke has been head of Opel since 2009

OpelOpelOpelGermany, 1863 > present85 models
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/VauxhallVauxhallVauxhallUnited Kingdom, 1857 > present31 models
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CEO and President of General MotorsGMGMUnited States of America, 1998 > present8 models
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of Europe Karl-Friedrich Stracke stepped down from his position in the company today. He will remain at GM and report directly to CEO Dan Akerson.

In Stracke's place, GM Vice Chairman Steve Girsky will temporarily take over as Interim Head of European Operations while the company looks for a replacement. The Opel board will convene to elect a new chairman on Monday. 

“Karl Stracke worked tirelessly, under great pressure, to stabilize this business and we look forward to building on his success. We appreciate Karl’s many contributions to GM’s success,” said Akerson.

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