INSUBCONTINENT EXCLUSIVE:
Dhivya Suryadevara did her bachelors in India, and then went to Harvard Business School.
General Motors Co
said on Wednesday Dhivya Suryadevara, currently vice president of corporate finance, will succeed Chuck Stevens on Sept
1 as Chief Financial Officer of the No
1 US automaker.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
She played a role in securing earlier this month a $2.25 billion investment in GM Cruise by Japanese tech giant SoftBank Group Corp, GM said
in a statement.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 contributions and upsized and renewed GM's $14.5 billion
revolving credit facility, the company said.She was named vice president, corporate finance, in July 2017, a job that included overseeing
investor relations.Stevens will remain with the company as an adviser until his retirement in March, the company said
Stevens has worked at GM for 40 years and became CFO in January 2014."We expect a smooth transition and status quo on the strategy," RBC
Capital Markets analyst Joseph Spak wrote in a note on Wednesday.© Thomson Reuters 2018(Except for the headline, this story has not been
edited by TheIndianSubcontinent staff and is published from a syndicated feed.)
