"Kevin has a proven track record in sales, marketing, planning, finance and overall management," said Rick Wagoner, GM's Chairman and CEO. "In addition, his strong background in the region and ability to work within partnerships make him a natural choice to continue our participation in the growth of the Chinese automotive industry and market." Prior to assuming his position at Vauxhall, Wale served as Executive in Charge of General Motors Asia Pacific and was responsible for the general management of GM's operations in the region, spanning 15 countries. According to Troy A. Clarke, GM Group Vice President and President of GM Asia Pacific, "Kevin brings a great deal of leadership and international experience to his new position. He has done a great job with Vauxhall, running a successful and growing organization. His familiarity with China and Asia Pacific comes from playing a key role in the development of our product and growth strategies, which laid the groundwork for our current presence. We are excited to have him back." His numerous posts within GM have included Director of Finance and Strategic Planning and Director of Sales and Marketing of Holden Ltd. in Australia. Wale was born in Melbourne, Australia, on October 30, 1954 and holds a bachelor of commerce (honors) degree from Melbourne University. The GM China Group includes seven joint ventures and two wholly owned enterprises in mainland China, and operations in Taiwan and Hong Kong. Last year, GM's vehicle sales in mainland China grew 27.2 percent on an annual basis to 492,014 units, an all-time high. GM ended 2004 with a market share of 9.3 percent in mainland China, which also was a record. General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 324,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. In 2004, GM sold nearly 9 million cars and trucks globally, up 4 percent and the second-highest total in the company's history. More information on GM can be found at www.gm.com. |