GM finance chief Suryadevara departs

GM finance chief Suryadevara departs

DETROIT — Dhivya Suryadevara has resigned from General Motors after about two years as its CFO to take a job within the on-line world.

John Stapleton, GM’s North American CFO, will temporarily replace Suryadevara while the automaker searches for a new CFO.

“Dhivya has been a transformational leader in her tenure as CFO,” GM CEO Mary Barra mentioned Tuesday in a statement. “She has helped the corporate strengthen our stability sheet, enhance our price construction, give attention to money technology and drive the fitting investments for our future. We want her each success.”

Suryadevara, 41, grew to become CFO in September 2018. She led a restructuring plan later that 12 months designed to save lots of the automaker $6 billion via 2020. GM has mentioned the plan stays on observe. She additionally guided GM via the monetary tolls of the coronavirus pandemic and the 40-day UAW strike final fall.

“I’m grateful for the alternatives I’ve been given at GM,” Suryadevara mentioned within the GM assertion. “Whereas I stay up for a brand new alternative that may permit me to use my expertise in a brand new sector, I’ve nice confidence in GM’s trajectory and future.”

Stapleton has been GM North America CFO since January 2014. He has held a sequence of finance roles since becoming a member of GM in 1990.

Suryadevara’s resignation follows the departure of Barry Engle, president of GM North America, final month. Engle was changed by Steve Carlisle, former president of Cadillac.

Heading west

Suryadevara is leaving GM to develop into CFO of Stripe, a web based funds firm in San Francisco.

“I’m very excited to join Stripe at a pivotal time for the company. Stripe’s mission to increase the GDP of the internet is more important now than ever,” Suryadevara said in Stripe’s statement. “I really enjoy leading complex, large-scale businesses and I hope to use my skills to help accelerate Stripe’s already steep growth trajectory.”

Stripe has a worldwide workforce of 2,800 associates and has added greater than 400 workers in the last 12 months. Over the previous 12 months, the business has launched companies in 15 international locations throughout Latin America, Asia Pacific and Europe.

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