GM Names New Global CTO
Mr Stephens will continue to report to CEO Dan Akerson and remains on the companyâ€™s Executive Committee. His move becomes effective on February 1, 2011.
The new CTO position is a major element of Mr Akersonâ€™s goal to make the company more customer driven and technology focused. In December 2010, Mr Akerson elevated Joel Ewanick to global CTO, responsible for GMâ€™s brands globally.
As GM vice chairman and CTO, Stephens will strengthen the companyâ€™s technology vision and focus, working across the global organization to anticipate and deliver innovation for customers in each market.
Mr Stephens' primary role is to seek creative solutions and game-changing technologies to help GM shape the automotive future, leveraging internal and external partnerships to benefit customers today and tomorrow. He also will be responsible for the companyâ€™s research and development organization led by GM vice president Alan Taub.
Mr Stephens most recently was vice chairman, global product operations. Over his 42-year career, he has held a number of key positions, including vice president of engineering in both the former GM Powertrain organization and GM Truck Group, vice president of vehicle integration and executive vice president of global powertrain and global quality.
Early in Mr Stephens' career, he was assistant chief engineer of the Cadillac Northstar engine, and plant manager of the Livonia Engine Plant.
Dan Akerson, chairman and CEO of GM, said: â€œCustomers today expect and deserve the very best technology from their GM vehicles. Tom will make sure that GM technology keeps up with our customers and keeps ahead of our competitors.â€
Will Mr Stephens' experience benefit the firm?
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