Karl Slym, MD & President, General Motors India is set to move out of the company's India operations.
According to sources, Slym who has completed a four-year term in India, is expected to take up a larger role within GM and could be based in China, which is GM's largest market. Slym played an important role in building GM India’s business which has a 5 percent share with the Chevrolet brand.
Slym was also instrumental in signing the deal with China’s Shanghai Automotive Industry Corporation (SAIC) for a 50 percent stake in GM India. Whilst Slym paved the way for GM India's entry into new segments with SAIC based products, Slym's successor, Lowell Paddock will spearhead the company's new phase in India.
Paddock, who is currently the vice President, Planning at General Motors International Operations in Shanghai is likely to begin his term in India possibly in the New Year. GM India is yet to officially confirm the change of guard.
Dipan Sur
Viraaj Bhatnagar
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