General Motors has appointed ex-Volvo boss Stefan Jacoby as its new head of international operations in a role that will oversee decisions relating to Holden’s manufacturing future.
Jacoby, who stepped down as Volvo CEO last year, replaces Tim Lee as consolidated international operations executive vice president after Lee made the internal move to become chairman of GM China. Before his tenure at Volvo, Jacoby worked for Volkswagen as the head of its US unit, and as CEO of Mitsubishi Europe.
As head of GM’s international operations, Jacoby will lead tasks throughout Africa, Asia Pacific (including Australia) and the Middle East in over 100 markets.
German-born Jacoby left Volvo last year after the Swedish car maker fell short of sales targets last year and he himself suffered a mild stroke.
In his new role, Jacoby will oversee the decision-making process relating to the future of GM’s Australian car making operations under local division Holden.
Holden has said any decisions about its manufacturing future will wait until after the federal election when funding plans for the local car industry become clearer. Holden employees will vote on a new pay deal next week.