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Ms Dhivya Suryadevara named CFO of GM

Auto News - Published on Fri, 15 Jun 2018

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Reuters quoted General Motors as saying that Ms Dhivya Suryadevara, currently vice president of corporate finance, will succeed Chuck Stevens on September 1 as chief financial officer of the No. 1 US automaker.

Ms Suryadevara named CFO of US biggest auto company GM Suryadevara, 39, has played an integral role in some significant deals GM has made as it has restructured operations over the past several years, including the divestiture of the company's European arm Opel and the acquisition of self-driving vehicle startup Cruise.

GM said in a statement that she played a role in securing earlier this month a USD 2.25 billion investment in GM Cruise by Japanese tech giant SoftBank Group Corp.

The company said that during her 13 years with the Detroit-based company, Suryadevara helped achieve ratings upgrades from all three credit ratings agencies, completed $2 billion in notes issuance to fund discretionary pension contributio ns and upsized and renewed GM's USD 14.5 billion revolving credit facility.

She was named vice president, corporate finance, in July 2017, a job that included overseeing investor relations.

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Posted By : Nanda Koijam on Fri, 15 Jun 2018
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