GM Names Gerald Johnson New Head of North American Manufacturing image

GM recently named Gerald Johnson the new head for the North American manufacturing.

Beginning July 1st, Gerald Johnson, will be the vice president for North American manufacturing and be responsible for 74,000 workers at 56 plants. He will report directly to global manufacturing chief Tim Lee. Johnson has been working for GM for 33 years and his last position was executive director of global program quality and launch.

Last week GM announced that Diana Tremblay, the current North America manufacturing chief, will be named the global business services vice president and will report directly to CFO Dan Ammann. Tremblay will have to simplify the back-office processes and systems in order to cut costs and improve speed.

Analysts are confident that GM’s redesigned full-size pickups will help company’s shares continue to increase after they already surpassed their IPO price for the first time since 2011. GM also plans to introduce this year 20 new models in the US, among which the GMC Sierra pickups and the Chevrolet Silverado.

“The product is a lot better than it used to be,” David Whiston, an equity analyst at Morningstar Inc. in Chicago, said last week in a telephone interview. “I see a lot of reasons to be bullish on GM right now.”

Source: Reuters