Mark Reuss Appointed GM President

[John]

Congratulations to Mark, for he is above all else a “car guy.” How nice it now is that both he and Mary Barra, a “car girl,” are heading up GM. Mark is 100% in charge of product, and as he loves to drive fast, we expect GM to continue to fully support the Corvette and related exciting GM product.

Mark Reuss Named General Motors President

2019-01-03

DETROIT — General Motors (NYSE: GM) today announced the appointment of Mark Reuss as company president, effective immediately. Reuss currently leads the Global Product Group and Cadillac and will now assume responsibility for the Quality organization.

“Mark’s global operational experience, deep product knowledge and strong leadership will serve us well as we continue to strengthen our current business, take advantage of growth opportunities and further define the future of personal mobility,” said GM Chairman and CEO Mary Barra. “Mark has played a critical role in leading the development of the company’s award-winning vehicles while transitioning his team to prepare for growing electrification and autonomous technologies.”

According to Reuss, “I am very proud to have spent my entire career at General Motors, and to now take on this new role is truly a great honor. With our current lineup of outstanding cars, trucks and crossovers around the world, I’m looking forward to keeping our momentum going at full speed.”

Reuss added responsibilities for Cadillac and global portfolio planning in June 2018. Since then, he has been building an integrated product development and Cadillac organization to support an accelerated product and technology launch cadence and the brand’s global growth plans. Cadillac will be introducing a new vehicle every six months through 2021.

Reuss has also been leading the transformation of the company’s global product development workforce and processes to drive world-class levels of engineering in advanced technologies and improve quality and speed to market. He is doubling the resources allocated to electric and autonomous vehicle programs in the next two years.

https://media.gm.com/media/us/en/gm/...103-reuss.html

[Busa Dave]

Well they stay inside the company and expect different results performance wise. Not my call but results speak louder than rosy press releases. We shall see. Look at the 5 year GM stock price --- If I was Mary I would be worried as well which is most likely why we saw the restructure of the infrastructure of GM but was it enough? Doubt it but we will see.

[John]

At the same time about eight years ago Ford’s stock price was within $2/share of GM’s; just looked it up and Ford’s is now $7.80 a share and GM closed just under $33/share.

[JB]

Congratulations to awesome Mr Mark Reuss.

he is the man!