General Motors Restructures Global IT | Financial Buzz

General Motors Restructures Global IT

General Motors Company (NYSE: GM) reports immediate restructuring of its Information Technology division into two groups.  The Digital Business Software Team and the Global IT Organizations to push its goal of growing software-enabled services revenue to USD 20 Billion to USD 25 Billion annually by 2030.  Vice President of Digital Business Software Stacy Lynett, reporting to newly appointed Chief Digital Officer Edward Kummer.  Lynett will take charge and lead a newly formed and growing team responsible for technology strategy and software product development for customers.  Lynett will expand to support global customers and dealer systems as a member of North America President Steve Carlisle’s leadership team.  “The new structure and dual operating model will enable GM to fully leverage its strong foundation in IT capability, talent and resources, as well as reduce complexity and improve speed,” Barra said. “Stacy and Fred bring unique backgrounds and experiences to help us seize the opportunities software plays in our business as we move from automaker to platform innovator.”

Vice President of Global Information Technology and Chief Information Officer Fred Killeen will report to GM Chair and CEO Mary Barra.  Killeen will lead the Global IT team to enable IT assets and solutions across the enterprise to support GM’s overall global business.

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