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Sorry I can't copy more of WSJ article but here is SAAB release that probaly kicked the shakeup off. I have been involved in some of these and they can be brutal for those within but very effective in getting rid of those who are in the way of progess.
2002-10-22
Saab Automobile AB strengthen management team
Saab Automobile has recently successfully launched the new 9-3 Sport Sedan which marks the start of the biggest product offensive in Saab’s history. To accelerate the effort to return to sustainable profit levels the company today announced management changes. Gregory S. Deveson was named Executive Vice President and Chief Operating Officer and Lars Olsson will assume full time responsibility for all VLE activities.
Effective November 1, Gregory (“Greg”) S. Deveson is named Executive Vice President and Chief Operating Officer (COO) of Saab Automobile AB. He will lead the Engineering, Manufacturing, Powertrain and Purchasing areas, reporting to Peter Augustsson, Chairman and Chief Executive Officer (CEO) of Saab. The other parts of the company will continue to report to Augustsson directly.
Greg Deveson (40) joins Saab Automobile from GM in Michigan, where he was Manufacturing Manager – Transmissions, in charge of 15,000 employee in nine plants, which includes oversight of GM’s Powertrain facility in Strasbourg. Deveson’s area of work has also included responsibility for product development. He joined GM in 1979 in the former Fisher Body division, and occupied numerous senior leadership positions in Vehicle Manufacturing and GM Powertrain, including several assignments as Plant Manager in the US and Canada. Greg holds a Bachelor degree in Industrial Engineering from Kettering University in Michigan, as well as a Master’s in Business Administration from the University of Indiana
In a further effort to add strength to the Saab product offensive, Lars Olsson, who successfully oversaw the high quality launch of the new 9-3 as head of TDC, will now assume full time responsibility for all VLE activities at Saab, including future product programs in his new role.
“Now that we have successfully launched our new 9-3 Sport Sedan, and in addition to our ongoing program to improve the financial performance, we are putting increased emphasis on further strengthening the Saab management team,” said Peter Augustsson. “Greg will focus on further improving the quality and efficiency of our operations and Lars will ensure that our continued product offensive will be as successful as the launch of the 9-3 Sport Sedan. This will allow me to spend considerably more time on the revenue side of the business. Taken together with the appointment last week of Joseph G. Peter as CFO we are creating a very strong management team.”
“We are adding a lot of drive to Saab’s all-encompassing plan to grow the business and deliver sustainable profits,” commented Michael J. Burns, President of GM Europe. “Greg and Joe join the Saab leadership team at an exciting time when the brand is poised for growth. Their broad experience on the operating side of the business, along with the momentum Lars Olsson has built up in the product offensive will help Saab reach its full potential in the premium segments.”
posted by 24.170.177...
_______________________________________
Ian
1959 93b
1967 96V4
1968 99
1974 99L
1988 900S
1988 900
1994 900S
1996 900S
1999 9-5SE, 2.3lpt
1995 9000 CSE
2006 9-3SC, 2.0T
Posts in this Thread:
- SAAB in Dire Straits -, Ian Glenday
, Mon, 18 Nov 2002 22:02:56- Using an Opel Vectra's chasis didn't help things..., Street, Tue, 19 Nov 2002 14:31:15
- Not an Opel Chassis. Its a global GM chassis., Terraplanem, Thu, 21 Nov 2002 18:16:11
- I've read that the engine isn't smooth..., Ter(Europe), Wed, 20 Nov 2002 03:11:37
- Not a British Platform ---, Ian Glenday
, Tue, 19 Nov 2002 18:47:45 - Re: Using an Opel Vectra's chasis didn't help things..., GM, Tue, 19 Nov 2002 16:44:49
- Botched 9-3SS Launch, Sieglo, Tue, 19 Nov 2002 12:57:30
- Re: SAAB in Dire Straits -, lowbar, Tue, 19 Nov 2002 12:12:26
- The news made it sound worse but I seriously doubt, Gary, Tue, 19 Nov 2002 11:59:55
- Debra Kelly-Ennis, JBinMD, Tue, 19 Nov 2002 11:52:04
- Re: SAAB in Dire Straits -, jp, Tue, 19 Nov 2002 10:37:32
- New Restructing Plan Called "VIGGEN", Redmilk, Tue, 19 Nov 2002 10:12:27
- Here's Autoweek's article:, Rick, Tue, 19 Nov 2002 09:38:02
- The worst part about this is:, Redmilk, Tue, 19 Nov 2002 09:37:43
- production problems?, Pete Saab 9-5, Tue, 19 Nov 2002 09:19:18
- here is the news link, Rollmo, Tue, 19 Nov 2002 08:41:51
- When I once read that GM had given SAAB the boot,, StanleyB, Tue, 19 Nov 2002 01:12:19
- "they are not cutting back on any new models", Rafe, Tue, 19 Nov 2002 00:51:03
- Re: SAAB in Dire Straits - another link to story, Rod'899kT, Tue, 19 Nov 2002 00:28:35
- Somtimes you guys are like a sewing circle ..., J, Tue, 19 Nov 2002 00:46:24
- It's good for Saab to cut out the dead wood., KB88900T, Tue, 19 Nov 2002 01:06:40
- Bush announced cutting 800,000+ jobs, carneykjnc, Tue, 19 Nov 2002 08:58:55
- I agree with his privatization of parts of the gov., KB88900T, Tue, 19 Nov 2002 20:49:20
- But he 'publicized' airport screening right?, saw, Tue, 19 Nov 2002 14:00:53
- Re: Bush announced cutting 800,000+ jobs, AJRitz, Tue, 19 Nov 2002 10:11:13
- Bravo!, RS
, Tue, 19 Nov 2002 10:27:45
- SAAB News Release that Tells of Changes --, Ian Glenday
, Mon, 18 Nov 2002 23:24:25 <-- Viewing This Message - How can they cut back jobs if they can't meet, KB88900T, Mon, 18 Nov 2002 22:52:32
- 9-3SS should solve the losses once and for all. n/m, J, Mon, 18 Nov 2002 22:26:49
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