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US Automaker General Motors Names New Treasurer

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US Automaker General Motors Names New Treasurer

US automaker General Motors has named Niharika Taskar Ramdev its new treasurer.

Niharika Taskar Ramdev will be replacing General Motors Treasurer Jim Davlin who is resigning and will serve as GM’s adviser until November 1. Taskar Ramdev has previously worked as financial officer for the US automaker’s global purchasing and supply chain.

Davlin “has elected to leave the company to pursue outside opportunities,” GM said in a statement.

Two months ago GM has reshuffled its executive leadership team, when global product chief Mary Barra has been named CEO and chief financial officer Daniel Ammann has been named president.

The new chief financial officer, Chuck Stevens, said that Davlin has played an important role in the company’s progress and helped GM make “significant process” in returning to profitability and to a healthy balance sheet.

GM-Niharika Taskar Ramdev Gm new Treasurer

Ramdev, 44, joined the company in 1996, after she previously served as CFO of purchasing and supply chain and previously, as assistant treasurer from 2008 to 2011. As the new treasurer Ramdev will be responsible for GM’s capital market activities and also for its investor relations.

“Niharika is an accomplished leader who brings substantial treasury and operational experience to this role,” Stevens said in a statement.

“Her primary focus will be on maintaining our fortress balance sheet, achieving investment grade credit ratings and developing a sustainable capital allocation strategy.”

by Mircea Serafim (my Google+) - Wednesday, March 26th, 2014 - filed under General Motors, News, Other. Image credit: .
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