July 11, 2006

GM Canada President transferred to GM Daewoo in Korea

Detroit, Michigan – Michael Grimaldi, 54, President and General Manager of GM of Canada since January, 2002 has been appointed President and CEO of GM Daewoo Auto & Technology, where he will lead the company’s Korean operations. The announcement was made by GM Chairman and CEO Rick Wagoner and is effective August 1, 2006.

Grimaldi will be replaced by Arturo El

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