Business

Indian-American With General Motors Becomes 1st Woman CFO In Auto Sector

DIVYIA ASTHANA | 0
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| June 14 , 2018 , 17:42 IST

An Indian-American woman, Chennai-born Dhivya Suryadevara has become the first woman Chief Finance Officer (CFO) in the mostly male-dominated auto sector after being appointed to the CFO role with the US' largest automaker General Motors (GM) on Thursday.

Currently the vice president of corporate finance, Suryadevara will take over the role from GM's present CFO Chuck Stevens on September 1, the company said in a statement. Stevens had been the CFO with General Motors since January 2014 and will be retiring in March next year as a more than 40-year veteran of the company.

The 39-year-old Suryadevara has been the vice president of corporate finance at General Motors since July 2017 and has played a key role in GM divesting its German affiliate Opel and acquiring self-driving car unit Cruise Automation among her other achievements.

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Suryadevara would be reporting to General Motors Chief Executive Officer (CEO) Mary Barra, 56, who is also the first woman to hold the CEO position in the auto industry.

"Dhivya's experience and leadership in several key roles throughout our financial operations positions her well to build on the strong business results we've delivered over the last several years," the 56-year-old Mary Barra said in a statement.

Suryadevara completed her Bachelors and Masters degrees in Commerce from the University of Madras in Chennai and moved to the US at the age of 22 years to pursue her MBA from Harvard University. A qualified chartered financial analyst and accountant Suryadevara worked at UBS and PricewaterhouseCoopers before joining General Motors in 2005 at the age of 25.