Tuesday, July 17, 2012

Opel Names Second Interim Chief In A Week. What’s His MTBF?

Opel has a new CEO, the second in a week, and he will soon be out of a job: As expected by TTAC,  GM named Thomas Sedran as interim CEO of Opel, replacing the current interim CEO Stephen Girsky, who replaced the not quite interim CEO Karl-Friedrich Stracke.

According to a GM release, the former management consultant Sedran "will act as chairman until a permanent chairman is in place."  The temporary appointment also jibes with predictions made in German media over the weekend.

Sedran was not named president of GM Europe, a job Stracke also held. According to Reuters, "GM vice chairman Stephen Girsky was handed the title, bundling more control at GM's headquarters in Detroit."

Sedran could keep his job for a while though. Finding a competent external candidate for the job will be tough. The Opel chairman's chair is regarded a "Schleudersessel" in Germany, an ejection seat with now Girsky's trembling hand over the button.  Girsky was smart enough not to keep the job a minute longer than absolutely necessary.



from The Truth About Cars http://www.thetruthaboutcars.com




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