F&I Management & Training

The shake-up in top level management at General Motors continues apace with chief financial officer Ray Young moving to an international role.

Mr Young (47) has been named vice president, international operations, reporting to Tim Lee, president of GM International Operations, with effect from February 1, 2010.

In this newly created role, Mr Young will lead the International Operations finance organisation, in addition to other international operating responsibilities that will be further clarified in the near term. He will continue to be the chief financial officer of GM until a replacement is named.

GM chairman and interim CEO Ed Whitacre said: "Ray has been instrumental in leading the company through an extraordinarily complex bankruptcy and subsequent actions taken to reshape GM's business.

"Looking ahead at the needs of our business, it has become clear that Ray's vast global experience and financial expertise will be essential in managing the challenges and dynamics of growing our international business."