Tuesday, January 19, 2010

New Adam Opel GmbH management board appointed

The Adam Opel GmbH Supervisory Board has appointed the new Management Board where the new CEO and leader of the company will be Nick Reilly. In this capacity, he will be responsible for all Opel/Vauxhall activities worldwide. All Management Board members would be reporting to Reilly. They are : Rita Forst, newly appointed and responsible for Engineering. To date, Forst has been Executive Director, Vehicle Systems & Integration, in the International Technical Development Center at Opel in Rüsselsheim; Mark James; newly appointed as Chief Financial Officer. James has been with the company since 1991; he was most recently Vice President and CFO of GM Daewoo Auto & Technology in Korea; Reinald Hoben (Manufacturing), Holger Kimmes (HR), Tom McMillen (Purchasing), and Alain Visser (Sales, Marketing & Aftersales) continue to be members of the Opel Management Board.
Hans Demant, to date Managing Director of Adam Opel GmbH and GM Europe Vice President, Engineering, will take over new responsibilities for GM as Vice President, Global Intellectual Property Rights.

"Today's appointments represent another important building block for Opel's successful future", said Opel Supervisory Board Chairman Walter Borst. "The new leadership team has the full support of the Supervisory Board. We are looking forward to a good and constructive cooperation with Nick Reilly and his team as our common objective is to move forward the Opel brand."

"I am very pleased that the Management Board is in place now," said Nick Reilly commenting on today's decisions. "The new Opel/Vauxhall leadership team will address our tasks quickly and with plenty of energy. With our Insignia, the Astra, the new Meriva and several other upcoming new products, we in particular will be on the offensive and will want to increase our market share in Europe. Our recent product and sales successes are motivating and reassuring at the same time."

With his appointment as CEO of Opel/Vauxhall, Nick Reilly has retired from the Opel Supervisory Board.
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