General Motors has officially announced that 61-year-old Nick Reilly, GM Europe’s current president, will retire in March of 2012 after a 37-year career with the company. Replacing him will be the 55-year-old Karl Stracke, current CEO of Opel/Vauxhall. Reilly will remain on board GM’s Executive Operations Committee until he retires.
Executive Shuffle: Stracke To Replace Reilly As GM Europe President

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