Opel has a new CEO, the second in a week, and he will soon be out of a job: As expected by TTAC, GM named Thomas Sedran as interim CEO of Opel, replacing the current interim CEO Stephen Girsky, who replaced the not quite interim CEO Karl-Friedrich Stracke.
According to a GM release, the former management consultant Sedran “will act as chairman until a permanent chairman is in place.” The temporary appointment also jibes with predictions made in German media over the weekend.
Sedran was not named president of GM Europe, a job Stracke also held. According to Reuters, “GM vice chairman Stephen Girsky was handed the title, bundling more control at GM’s headquarters in Detroit.”
Sedran could keep his job for a while though. Finding a competent external candidate for the job will be tough. The Opel chairman’s chair is regarded a “Schleudersessel” in Germany, an ejection seat with now Girsky’s trembling hand over the button. Girsky was smart enough not to keep the job a minute longer than absolutely necessary.