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Michigan News

Head of struggling Opel unit to leave GM

AP
POSTED: November 7, 2009

A traffic light is seen at the entrance of the Bochum car plant of Opel on Wednesday. (AP photo)
DETROIT (AP) — Carl-Peter Forster, the chief executive of General Motors Europe who runs its struggling Opel unit, will leave the company, GM said Friday.

GM said in a statement that Forster, 55, would advise the company on picking a new CEO. The statement gave no time frame for his departure.

Forster will be replaced temporarily by Nick Reilly, who is now president of GM’s international operations who once ran Opel’s Vauxhall operations in the United Kingdom, said a person briefed on the moves.

GM will search externally for a permanent new CEO of Opel and GM Europe, likely from Germany.

The executive moves come after the GM board decided this week to keep its European Opel and Vauxhall units.
 
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