GM Folds South America Into New International Unit
General Motors is combining the leadership of its international and South America regions, and has tapped Barry Engle to be president of the integration that goes into effect on Jan. 1.
Engle, president of GM South America and GM executive vice president, will be the president of the newly formed GM International, according to the automaker. He will oversee all GM operations outside of North America and China, and will still hold the position of GM executive vice president.
Engle will assume the leadership of GM’s international region following the retirement of Stefan Jacoby at the end of this year. Jacoby, who is president of GM International and also a GM executive vice president, has led the company’s international region since August 2013.
Engle will have a mandate to deliver profitable growth in each market in which the company competes, said the automaker. Engle will be based in Detroit and will report to GM President Dan Ammann.
“Combining the leadership of the two regions supports our efforts to gain efficiencies in global markets,” said GM Chairman and CEO Mary Barra.