General Motors has named Chuck Stevens as executive vice president and chief financial officer, effective immediately. He replaces Dan Ammann, who became company president today (15 January). Stevens was previously CFO of GM North America.

Stevens heads the company’s financial and accounting operations worldwide and reports to Mary Barra who took over from Dan Akerson as GM CEO today.

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“Chuck’s extensive experience in leading finance operations and driving profitable growth all around the world makes him the perfect choice to help our team drive GM’s global performance to new heights,” said Barra. 

Stevens, 54, became CFO of GM North America in January 2010, heading GM’s financial operations for US sales, service and marketing, GM Canada, GM Mexico, North America manufacturing, customer care and aftersales, and global connected consumer. He was also interim CFO of GM South America from December 2011 to January 2013. 

Stevens previously held management positions in China, Singapore, Indonesia and Thailand. He began his career at Buick in 1983.

“The plan is to build on the good progress made by the finance team in driving the right business decisions,” said Stevens. “I look forward to working with the GM team to drive even stronger business results.”

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John Stapleton, currently CFO of GM global manufacturing, will replace Stevens as CFO of North America. He will report to Alan Batey, who became executive vice president and president of GM North America today. Stapleton, 45, has more than 24 years of financial experience at GM.