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General Motors : GM Announces Executive Moves in Canada and Middle East

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03/19/2018 | 05:09pm CET

DETROIT -- General Motors Co. (NYSE: GM) today announced that John P. Roth, currently vice president, GM Canada Marketing, Sales and Service, has been named president and managing director of GM Africa and Middle East operations, effective June 1. Roth will be based in Dubai, United Arab Emirates, and responsible for growing the Chevrolet, Cadillac, GMC and ACDelco business throughout the region.

Mario A. Spangenberg, 59, currently president and managing director of GM Africa and Middle East operations, has elected to retire July 1 after 38 years in the auto industry and 15 years of dedicated GM service in North America, Europe, Africa and the Middle East.

Roth will report to Alan Batey, GM executive vice president, president of GM North America and head of GM Africa and Middle East operations and Global Chevrolet.

"Mario has been a key contributor to GM's global success, and is leaving behind a solid foundation in Africa and the Middle East for the team to build on," said Batey. "We thank Mario for his service and wish him and his family well in this next chapter of their lives."

Batey continued, "Under John's leadership, the marketing, sales and service team in Canada delivered industry-leading results in 2017 - a tremendous feat in a competitive market. John's success in Canada and his deep understanding of the GM brands make him an excellent choice to lead the team in Africa and the Middle East."

Scott Bell, currently director of Sales Operations for Chevrolet in the U.S., has been named vice president, GM Canada Marketing, Sales and Service. Bell will be responsible for marketing, sales and service across all four GM brands: Chevrolet, Cadillac, Buick and GMC.

Bell will report to Steve Carlisle, president and managing director of GM Canada. He will also join GM Canada's Executive Committee and GM Canada's board of directors.

"Scott has demonstrated a tremendous ability to execute a disciplined business strategy through extensive collaboration with the dealer body leading to profitable growth - these are key skills that will help GM Canada build on today's success well into the future," said Carlisle.

Roth, 49, joined GM in 1991 and held a series of sales and marketing positions before becoming director of Sales Operations for Cadillac, HUMMER and Saab in 2008. He became Cadillac regional director in 2011 and was responsible for leading the field team supporting South Central Region dealers. He was named vice president of GM Canada Marketing, Sales and Service in 2013. Roth earned a bachelor's degree from Albion College and a Master of Business Administration from the University of Dallas.

Bell, 51, joined GM in 1989 and has held numerous sales, service and marketing positions across the GM brands, including Fleet and Commercial and Buick GMC. During his time with Buick GMC, he held a series of field leadership roles before being appointed director of Sales Operations, where he was responsible for transforming the sales and dealer organizations to best position Buick GMC for future growth with the phasing out of Pontiac. Bell earned a bachelor's degree from Ferris State University and holds a master's degree from Central Michigan University.

General Motors Co. (NYSE:GM) has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.


(C) 2018 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials ($)
Sales 2018 144 B
EBIT 2018 11 316 M
Net income 2018 8 914 M
Finance 2018 5 374 M
Yield 2018 4,14%
P/E ratio 2018 6,07
P/E ratio 2019 6,00
EV / Sales 2018 0,33x
EV / Sales 2019 0,32x
Capitalization 53 136 M
Duration : Period :
General Motors Corporation Technical Analysis Chart | GM | US37045V1008 | 4-Traders
Technical analysis trends GENERAL MOTORS CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 47,7 $
Spread / Average Target 26%
EPS Revisions
Mary Teresa Barra Chairman & Chief Executive Officer
Daniel Ammann President
Charles K. Stevens Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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