Report

Holden chief Gerry Dorizas exits GM stage left

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Holden had a crisis of leadership over the past few years. GM's Australian division had three chief executives in as many years, before Mike Devereux steered it through a period of relative stability for the better part of three years. Devereux was succeeded earlier this year by Gerry Dorizas, but after less than eight months on the job, Dorizas is stepping down, too.
We can hardly blame the departing Holden chairman for jumping ship as General Motors strips the division of its autonomy, scraps its production capacity and turns it into a sales network instead of an automaker – and one that has to fight for its identity all along. It's a sad time for Holden and one over which we would not want to preside.

Unlike his predecessors Mark Reuss and Alan Batey who moved on to more senior leadership positions at GM, Dorizas appears to be leaving the company entirely in order to "pursue other opportunities." However his resignation, reportedly effective immediately, makes us wonder if there wasn't something else behind his departure. In his place, Holden's CFO Jeff Rolfs will fill in as interim MD until a (hopefully) more permanent replacement can be found.

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