Nick Reilly is the new CEO of Opel and Vauxhall

Posted on Tuesday, 17 November 2009 , 06:11:24 byEmil

Filed under nickreillyreillyceonewopelvauxhallOpelVauxhallGM

Nick Reilly is the new CEO of Opel and Vauxhall

After GM`s decision to not sell Opel and Vauxhall to Magna International and OAO Sberbank from Russia, Carl-Peter Forster left his position of CEO of GM Europe. General motors has now announced that the company`s vice president and head of international operations, mister Nick Reilly, will take over responsibilities for the operations of Opel and Vauxhall Europe. The decision to name Nick Reilly, age 59, in charge of Opel and Vauxhall Europe came as no surprise for anyone as many actually anticipated this move. Still, Nick Reilly will take the job on an interim basis as the external search for a new CEO of GM`s European operations commences. General Motors was actually pretty clear about this.

Fritz Henderson, President and CEO of General Motors, has stated that ``As we announced last Tuesday, Opel/Vauxhall will remain a fully integrated member of the new GM family, a decision that is in the best interests of Opel / Vauxhall, its customers, employees, other stakeholders and GM``. He continued by saying that ``With his deep experience with the Opel and Vauxhall brands, Nick is well suited to lead this transition and to work towards the earliest possible normalization of the business``.

Hans Demant, vice president of Engineering of GM Europe and managing director of Opel GmbH, will keep his role leading the Opel Management Board and will work with Reilly during this transitional phase, as the company stated.

The naming of Nick Reilly actually is no surprise and I think that it would not be a huge surprise if he would be kept permanently as CEO of Opel and Vauxhall and not just on a interim basis.