GM names Barra first woman CEO, to replace retiring Akerson

Jared Rowe, president of industry research firm Kelley Blue Book, said it was great to see a woman named to lead GM.

“GM is in more than capable hands as we’ve seen some of the best products released under Mary Barra,” he said. “Now that the company has also been freed from government ownership, Mary has the opportunity to see the company continue to develop vehicles that consumers want to drive while improving its continued profitability.”

In other management changes, GM said Chief Financial Officer Dan Ammann, 41, would assume the title of president, while North American chief Mark Reuss, 50, would replace Barra as head of product development. Alan Batey, currently vice president of global Chevrolet, will replace Reuss as head of North America.

GM did not name a replacement for Ammann as CFO.

Vice Chairman Steve Girsky, 51, will move to a senior adviser role until leaving the company in April, GM said. He will remain on the board.

Solso is the former chairman and CEO of Cummins Inc and has been a member of the GM board since June 2012.

Shares of GM were up 5 cents at $40.95 on Tuesday morning on the New York Stock Exchange.

(Editing by Gerald E. McCormick, Lisa Von Ahn and Matthew Lewis)

Article Appeared @http://www.chicagotribune.com/classified/automotive/sns-rt-us-gm-ceo-20131210,0,5279736.story

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