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Chennai’s Dhivya Suryadevara is 1st woman CFO of General Motors, 10 things to know

Dhivya Suryadevara, an Indian-American woman hailing from Chennai, has been appointed the Chief Financial Officer (CFO) of General Motors – the largest automaker in the USA. She is the first woman to assume this prestigious post in the company.

Here are 10 things to know:

  • Chennai-born Dhivya, will report to Chief Executive Officer (CEO) Mary Barra, 56. This is a first as no other major global automaker has a female CEO and CFO serving concurrently.

  • She will take office on September 1 and will succeed Chuck Stevens, the GM’s present CFO.

  • She has been GM’s vice president of corporate finance since July 2017. In her role, she has been responsible for corporate financial planning, investor relations and other projects.

  • Dhivya played a crucial role in the restructuring of the company’s operations over the last several years. This included divestiture of its European arm Opel and the acquisition of self-driving vehicle startup Cruise.

  • Earlier in the month, she played a key role in getting a $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.  

  • Dhivya served as CEO and Chief Investment Officer for GM Asset Management from 2013 to 2017.

  • Dhivya earned her bachelor’s and master’s degrees in Commerce from the University of Madras in present-day Chennai.

  • Moving to the US at the age of 22, she pursued her MBA from Harvard University.

  • She is a chartered financial analyst and accountant.
  • Before joining the Detroit-based GM in 2005 at the age of 25, Dhivya worked at UBS and PricewaterhouseCoopers.

Source: The News Minute