The Shotgun Seat

Eric Feldstein becomes CFO Devine's right-hand man as GM's VP of finance.
Jennifer CaplanJune 21, 2001

General Motors Corp. announced several changes in its corporate and North American finance operations. Eric Feldstein was appointed VP of finance and treasurer, effective immediately. Feldstein had been VP and treasurer since December 1997. In his new position, he will retain his current responsibilities as treasurer with additional responsibility for the treasury operations in New York, Detroit, Brussels and Singapore. In addition, he assumes responsibility for the Detroit-based controller’s staff and worldwide tax staff. He will report to chairman and CFO John Devine.

GM also announced that Paul Schmidt would move from executive in charge of finance for GM North America to executive in charge of investor relations effective Aug. 1. Ray Young will succeed Schmidt. He is currently executive in charge of GM Suzuki Liaison in Tokyo. Young will report to GM North America president Ronald Zarrella and will join the North American strategy board.

  • Signs Compaq Computer Corp. needs to reboot: SVP of strategic planning and former CFO Jesse Greene announced he will resign from the company effective the end of June. Greene’s departure from the Houston- based company follows a decision to move his strategic planning and competitive intelligence responsibilities under the supervision of chief technology officer Shane Robison, while treasurer Ben Wells will be responsible for the merger and acquisition activities for which Greene was responsible. The moves come at a time when Compaq is struggling to reduce costs and is putting a stronger emphasis on technology services.
  • Star Power: Hollywood Entertainment Corp., the Wilsonville, Oreg.-based video store owner, named Jim Marcum EVP and CFO, replacing David Martin who resigned. Marcum was previously at apparel retailer Stage Stores Inc.
  • A Good Sport: Bothell, Wash.-based Brooks Sports Inc., a distributor of athletic footwear, apparel, and accessories, appointed David Bohan SVP and CFO. Bohan joins Brooks from Edge2net Inc., a Kirkland, Wash.-based telecommunications application provider, where he was CFO.

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