General Motors Co. announced that transformational technology leader Aneel Bhusri, the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors. GM now has 13 directors with the addition of Bhusri. The company’s 12 independent directors have senior leadership and board experience in manufacturing, information technology, digital commerce, retail, higher education, investment management,…
Tag: general motors
Sundram Fasteners recognized by General Motors as a Supplier of the Year
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•Sundram Fasteners Limited (SFL) has been awarded Supplier of the Year by General Motors (GM) through its 29thAnnual Supplier of the Year awards. This is the eighth time that Sundram Fasteners Limited has received this award. The reputed American automaker has honoured 122 of its suppliers from 16 countries for supplier performance in the calendar…
General Motors adds 3,000 New Tech Jobs
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•General Motors to hire 3,000 new employees across engineering, design and IT to boost virtual testing and software expertise. According to the press statement, GM will offer more remote opportunities than ever before as development of autonomous and electric vehicles and advanced platforms like the Ultium battery system continue. GM President Mark Reuss, said –…
General Motors appoints Paul Jacobson as Executive VP and CFO
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•General Motors announced that it has appointed Paul Jacobson as new Executive Vice President and Chief Financial Officer, effective Dec. 1. Jacobson will report to GM Chairman and CEO Mary Barra. Prior to this role, Jacobson served as CFO of Delta Air Lines, a company he helped transform into one of Fortune magazine’s Top 50…
General Motors and Nikola enter strategic partnership, acquires $2 bn stake in electric vehicle manufacturer
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•Nikola Corporation and General Motors Co. announced a strategic partnership that begins with the Nikola Badger and carries cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. As part of the agreement, Nikola will utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology, representing a key…
wejo raises $12 mn funding led by DIP Capital
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•wejo, a U.K. based early stage tech company, announced it has raised $12 million funding to drive growth and innovation with new global automotive partners as the market leader of mobility intelligence. The business organizes billions of data points from over 15 million connected cars in the United States, partnering with global automotive manufacturers to…
GM develops new Workplace Safety Technology
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•General Motors announced it has developed new technology to aid workplace safety during the COVID-19 pandemic, and the company is sharing its innovations with the world for potential use in job sites as diverse as manufacturing plants, offices or even schools. The new technologies include an automated kiosk for temperature scanning, software for contact tracing…
Dhivya Suryadevara to join Stripe as Chief Financial Officer
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•Stripe, a global technology company building economic infrastructure for the internet, announced that Dhivya Suryadevara will be joining the company as Chief Financial Officer. She brings a wealth of experience from General Motors, where she managed a business operating at massive scale and helped steer the transformation of the iconic manufacturer. In her new role,…
GM appoints John Stapleton as Acting CFO, Dhivya Suryadevara resigns
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•General Motors announced John Stapleton, GM North America Chief Financial Officer, has been named acting Global Chief Financial Officer, effective Aug 15. The appointment follows the resignation of Dhivya Suryadevara, executive vice president and CFO, who will leave the company for an external opportunity outside the automotive industry. GM will conduct an internal and external…
Sundram Fasteners recognized as GM Supplier of the Year by General Motors
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•Sundram Fasteners Limited (SFL), a part of the US $8.5 billion TVS Group, announced that it was named as GM Supplier of the Year by General Motors (GM) during a virtual ceremony honoring the recipients of the Company’s 28th Annual Supplier of the Year awards on Wednesday, June 24, 2020. During the event, GM recognized 116…
General Motors plans to lay off all 1,500 plant workers in Thailand: Report
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•Automobile manufacturer General Motors is currently planning to lay off around 1,500 employees in Thailand by June this year. The recent development comes after the company had announced the sale of its production plants in the country. According to a Reuters report, General Motors on Monday said that it would sell its two plants in…
Appointments and Exits in Automobile Sector
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•Hyundai Motors: Hyundai Motor India has elevated R. Sethuraman, Senior Vice-President – Finance and Corporate Affairs, as a member of the board. He will continue to handle Finance and Corporate Affairs function at the company and would also act as a trustee of Hyundai Motor’s Corporate Social Responsibility arm Hyundai Motor India Foundation. R Sethuraman,…