General Motors has announced a shuffle in its International Operations, involving the familiar Tim Lee along with a newcomer to GM: Stefan Jacoby, who was most recently the CEO of Volvo Cars.
Lee will become Chairman of GM China. With this appointment comes responsibility for 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees, according to GM. At the same time, he will continue in his role as Executive Vice President Global Manufacturing. Bob Socia, president of GM China, will continue to report to Lee.
Meanwhile, Jacoby will become Executive Vice President Consolidated International Operations, leading the company’s operations in more than 100 countries and territories in Africa, Asia Pacific, Europe and the Middle East.