Chennai-born Suryadevara first woman CFO of General Motors

Chennai-born Suryadevara first woman CFO of General Motors
Highlights

Dhivya Suryadevara, an Indian-American chartered financial analyst, has been named the Chief Finance Officer of the US\' largest automaker, General Motors, the first woman to get the position in the auto industry. Suryadevara, 39, currently the vice president, Corporate Finance, will succeed Chuck Stevens, the GM\'s present CFO, on September 1, the company said in a statement. 

Houston: Dhivya Suryadevara, an Indian-American chartered financial analyst, has been named the Chief Finance Officer of the US' largest automaker, General Motors, the first woman to get the position in the auto industry. Suryadevara, 39, currently the vice president, Corporate Finance, will succeed Chuck Stevens, the GM's present CFO, on September 1, the company said in a statement.

Chennai-born Suryadevara will report to GM's Chief Executive Officer (CEO) Mary Barra, who has been head of the automaker since 2014 and the only woman to run an automobile company. Barra and Suryadevara are the first women in their respective positions in the auto industry, as no other major global automaker has a female CEO, nor a CEO and a CFO who are both female. GM will join a very short list of S&P 500 companies, including Hershey Co. and American Water Works Co., with women are serving as CEO and CFO.

In her role as vice president, Corporate Finance, since July 2017, Suryadevara has been responsible for corporate financial planning, investor relations and special projects. She played an integral role in some significant deals GM has made as it has restructured operations over the past several years.

Earlier this month, she played a role in securing a USD 2.25 billion investment in GM Cruise by Japanese tech giant SoftBank Group Corp, and GM's investment in San Francisco-based on-demand transportation company Lyft, it added.

Suryadevara served as CEO and Chief Investment Officer for GM Asset Management from 2013 to 2017. In this capacity, she was responsible for the management of business and investment activities of GM's USD 85 billion pension operations, the statement said.

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