A new crop of CFOs has risen to prominence. Do they have the finance acumen and strategic savvy to tackle the obstacles ahead of them?
Suryadevara's appointment to replace Chuck Stevens puts GM in an elite group of companies that have a woman in both the CEO and CFO roles.
The $6 billion deal could be a harbinger of more such asset de-risking moves by other defined-benefit plan sponsors.
The automaker has been retooling factories to prepare for the launch of new full-size pickups.
The automaker would convert around $2.2 billion of GM Korea's debt into equity in exchange for financial support and tax benefits from Seoul.
The automaker's operating results were "very strong, and actually great" in the quarter and for the full year, CFO Chuck Stevens says.
The automaker expects to return to growth in 2019 as its new range of high-margin trucks goes into production.
The new revenue recognition rules demand tight teamwork between pricing and revenue teams.
The automaker says Strobe's LIDAR sensors are a "game changer" in its effort to deploy large fleets of self-driving vehicles.
“Strong results in North America and China, solid improvement in South America and continued growth of GM Financial drove another strong quarter."
Activist investor Greenlight Capital had said the plan would "help fix GM's inefficient capital structure" and unlock significant shareholder value.
The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.
