DETROIT — General Motors announced it is strengthening its international operations management team in order to build on the company’s position in China, one of the world’s largest auto market. In doing so, Tim Lee has been named the new chairman of GM China.
Lee will assume responsibility for 12 joint ventures, two wholly owned foreign enterprises, and more than 55,000 employees. He has spent nearly four years in charge of GM’s international operations and will continue in his role as executive vice president global manufacturing.
Stefan Jacoby, most recently the CEO of Volvo Cars, 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.
“Stefan is a great addition to an already strong team,” said GM Chairman and CEO Dan Akerson. “We expect him to continue building on his record of delivering results in markets around the world.”
In addition to running Volvo Cars, Jacoby’s nearly 30-year career includes positions at Mitsubishi and several key jobs at Volkswagen. GM’s customer focus and momentum are two reasons Jacoby said he is joining GM.
“I’m excited to join a company that’s delivering beautiful, high-quality, and fascinating vehicles and is committed to improving the total customer experience,” he said. “The GM team has plans to win in every market, and I’m eager to contribute.”
Lee has responsibility for manufacturing, labor, and manufacturing engineering. GM and its joint venture partners produce vehicles, engines, transmissions, and components in 168 manufacturing plants in more than 30 countries on six continents.
“GM leads in the U.S. and China, the two most important auto markets in the world,” said Akerson. “We are also in the midst of the most aggressive product rollout in our history. Tim is critical to building on our success in China and to ensuring flawless vehicle launches around the globe.”