Stefan Jacoby (l), Tim Lee (Photo: GM)
Former Volvo CEO Stefan Jacoby is taking over as head of General Motors' international operations effective Monday.
Jacoby, who was unexpectedly dismissed as CEO of Chinese-owned Volvo last year, will take up his new responsibilities at GM Monday. He will report directly to GM CEO Dan Akerson.
GM said Jacoby's appointment will help strengthen its international activities. The US carmaker also said Tim Lee, who spent nearly four years overseeing its global operations, will become chairman of its Chinese operations. Lee will continue as global head of manufacturing at GM.
Jacoby, whose official title will be executive vice president consolidated international operations, will be in charge of GM's activities in more than 100 countries. Akerson said the German car executive will be expected to use his broad industry experience to help grow GM internationally. "We expect him to continue building on his record of delivering results in markets around the world," Akerson said in a press release.
Prior to joining Volvo, Jacoby headed Volkswagen Group's American operations. Earlier in his career he was in charge of Mitsubishi's European business.