Dorizas resigns from MD role with Holden

Dorizas came from a management role with Volkswagen to replace Mike Devereux in March this year. While Devereux served four years in the role of Holden's Chairman and Managing Director, Dorizas lasted just under eight months, with no reason given for his departure, other than the aforementioned 'other opportunities'.

GM Executive Vice President and President of GM International Stefan Jacoby said: "General Motors is 100% committed to the Holden brand and its long term success in Australia. We're focused on winning with customers in Australia and New Zealand, and are moving quickly to name the right leader to drive our brand and business to the next level."

"The foundation has been built to transform GM Holden in Australia, and we are determined to maintain momentum to continue to push towards our strategic objectives," Mr Jacoby said.

Mr Jacoby said Mr Dorizas had taken the reins of GM Holden at a difficult period and had implemented a number of measures to transition the business to a National Sales Company when domestic manufacturing ceases at the end of 2017.

"We thank Gerry for his contribution to GM Holden and wish him well in his future endeavours," Mr Jacoby said.

GM Holden Chief Financial Officer Jeff Rolfs will serve as interim Managing Director of GM Holden until the recruitment process is concluded. Mr Rolfs is a 22-year industry veteran. He is currently CFO at GM Holden, and was previously Vice President of Finance and CFO at GM Canada.