GM Names Exec for New Operation
DETROIT (AP) _ General Motors Corp. today named G. Richard Wagoner Jr. to lead a newly consolidated North American and international automotive operations, putting him in line eventually to succeed Chairman Jack Smith.
Wagoner, 45, heads North American operations, GM’s largest and most profitable unit.
Lou Hughes, who has been in charge of international operations, will become the executive vice president for new business strategies, a new position.
The consolidation has been anticipated for some time. GM recently moved the headquarters of its international operations from Zurich, Switzerland, to Detroit in anticipation of the move.
``We will respond more quickly with more innovation and all our resources to local automotive needs,″ Smith said in a teleconference this morning.