Thomas Sedran has been appointed as Opel's interim chairman
Opel has elevated board member Thomas Sedran to the role of temporary chairman in place of Karl-Friedrich Stracke, who stepped down last week.
Sedran's official role will be deputy chairman of the management board of Opel, but he will act as chairman until a permanent replacement can be found for Stracke. Sedran, 47, is also the board member in charge of operations, business development and corporate strategies, a role he has held since April.
Prior to joining Opel/Vauxhall, Sedran spent most of his career as a management consultant. From 2006 he was in charge of automotive business affairs for the global management consultants AlixPartners, and worked closely with the Opel brand.
Opel's reshuffled management board will be charged with trying to implement rapid changes to bolster the company's financial fortunes in the midst of Europe's economic crisis. After Stracke's resignation last Thursday, GM vice chairman Steve Girsky was appointed acting head of GM’s European operations.
"We will continue to implement our business plan as it was outlined and work to improve it. We will further reduce bureaucracy and continue to challenge the corporate culture," said Girsky.