After Indira Nooyi, another Indian American woman is going to make a mark in the global corporate scenario by getting appointed as Chief Finance Officer at the largest US automaker, General Motors. The Chennai-born Dhivya Suryadevara, a graduate from the University of Madras and MBA from Harvard University, has been named as CFO for the firm. With her appointment, GM will join the list of Hershey Co. and American Water Works Co., which have women serving as both CEO and CFO.
Suryadevara, 39, has been working with GM’s vice president of corporate finance since July 2017. She will now report to Chief Executive Officer (CEO) Mary Barra, 56, who has been head of the automaker since 2014.
“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,” Barra said in a statement.
Dhivya Suryadevara will take over from Chuck Stevens, the GM’s present CFO, on September 1, the company said in a statement. She is currently the vice president of corporate finance. Stevens, 58, has been serving the company since January 2014 and will retire in March next year. Until his retirement he will remain with the company as an adviser, the statement said.
This is the first time that the two females will be in the top management in the auto industry, as no other major global automobile maker has a female CEO, nor a CEO and CFO who are both females.
At the age of 22, Dhivya Suryadevara moved to the US to pursue her MBA from Harvard University. She is a chartered financial analyst and accountant and worked at UBS and PricewaterhouseCoopers before joining the Detroit-based GM in 2005 at the age of 25.