Stefan Jacoby lands new top job in GM after being bundled out of Volvocars on his sick bed.
Friday, 02 August 2013
In October, the former CEO Stefan Jacoby was sacked as CEO of Swedish
Chinese automaker Volvo Cars while on his sick bed in the hospital. In
what was seemly determined like a type of power struggle in the Swedish
- Chinese automaker, the former CEO got better and is not recruited by
a rival of Volvo, General Motors.
Stefan Jacoby has been hired as deputy director of General Motors'
operations in Europe, Africa and Asia, reports various Swedish media
"Stefan will be a great addition to an already strong team. We expect
that he will continue to deliver strong results in markets around the
world, "said General Motors CEO Dan Akerson said in a statement
according to Swedish business daily Dagend Industri.
Stefan Jacoby has previously worked at Mitsubishi, Volkswagen and Volvo
Cars. On October 19, he was fired as president of the Swedish-Chinese
vehicle manufacturer while he was recovering from a brain haemorrhage.
According to Stefan Jacoby, his farewell came as a surprise, and against his own will.
As he joins the GM he becomes part of a company that competes with his former employer.
"GM's management wants to win in all markets, and I am eager to
contribute to it, "says Stefan Jacoby, in the press release report
Swedish business daily Dagens Industri.
by Scancomark.com Team