Reilly to Lead Opel/Vauxhall Operations

[Bruce Nunnally]

DETROIT – Nick Reilly, GM executive vice president and president, GM International Operations, will immediately assume responsibility for the operations of Opel/Vauxhall Europe while an external search for a new CEO commences, it was announced today.

Reilly, with extensive prior experience in Europe with the Opel and Vauxhall brands, will support the European leadership team in running the business and will oversee the creation of a strategy to position Opel/Vauxhall for long-term success. Reilly maintains overall direction of GM's International Operations based in Shanghai, China, but day-to-day operations of the various international subsidiaries in his organization will be handled by the respective country managing directors while he serves in Europe.

"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,” said Fritz Henderson, GM president and CEO. “With his deep experience with the Opel and Vauxhall brands, Nick is well suited to lead this transition and to work toward the earliest possible normalization of the business."

Hans Demant, GM Europe vice president Engineering, managing director Adam Opel GmbH, retains his role leading the Opel Management Board and will work with Reilly in the transition.