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Companies

GM names Indian-born Suryadevara as first female CFO

The 39-year old oversaw SoftBank Vision Fund investment

Dhivya Suryadevara, vice president for corporate finance, will become General Motors' chief financial officer on Sept. 1 

PALO ALTO, U.S. -- General Motors has tapped Dhivya Suryadevara as its next chief financial officer, making her the first woman chosen for the job.

The 39-year-old vice president for corporate finance will step up as CFO on Sept. 1. Outgoing CFO Chuck Stevens will remain in an advisory role until his retirement next March. As CFO, Suryadevara will work with CEO Mary Barra to transform the automaker into a provider of mobility services.

Suryadevara joined GM's finance department in 2005 with a master's in business administration from Harvard Business School and bachelor's and master's degrees from the University of Madras in her native India. She played a key role in the automaker's sale of German subsidiary Opel in 2017. Suryadevara also worked to bring about SoftBank's investment in a GM driverless car subsidiary through the Japanese company's massive Vision Fund.

Her rapid ascent is reminiscent of the path taken by current President Dan Ammann, who became CFO in 2011 at the age of 38.

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