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NEWS
Devereux departs
Holden MD to take up new posting from November, but remaining in charge of local operations to end of yearMike Devereux is vacating the role of managing director at Holden to be the next Vice President of Sales, Marketing and Aftersales at General Motors Consolidated International Operations.
In the new posting Devereux (pictured) will report to Stefan Jacoby, Executive Vice President of Consolidated International Operations. According to a press release issued by Holden today, Devereux will step into the new role with effect from November 1, but will retain responsibility as MD at Holden through to the end of the year. A new MD for Holden will be announced in due course.
"We have a diverse, complex region," Jacoby was quoted as saying in the release. "Mike's extensive international and cross-functional knowledge of our business will be critical as we look to position CIO for success in the coming years."
Holden has been a significant stepping stone for GM executives on a career fast track, and Devereux's experience is no different. Prior to Holden, he was MD for GM in the Middle East, after holding down the task of globalising search marketing and websites in the position of Executive Director of Digital Marketing and CRM.
Qualified in industrial engineering and holding an MBA from Harvard University, Devereux is a Canadian national who began work with GM at the corporation's manufacturing facility at St. Catharine, Canada.
An increasingly strident critic of government inaction, Devereux is leaving at what is a pivotal time for Holden. The change of government last month and recent acquiescence by unionised workers have not guaranteed that Holden will continue building cars at the Elizabeth plant for the local market.
Devereux appears to have laid the ground work for an improved business environment in the short term, but there remains an undertone of disapproval at Holden about government's attitude to local manufacturing.
A Holden insider told motoring.com.au yesterday that the company needed more protection (meaning trade barriers, if necessary) if it were to continue building cars in Australia. And free trade agreements are not helping.
"We send cattle to Thailand," the insider said, "and they send us cars!"
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Written byKen Gratton
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