CARDIFF, Wales, April 11, 2016 /PRNewswire/ --
Mark Tweed named new Managing Director
GMAC UK, the British subsidiary of GM Financial Inc., the automotive financial services company of General Motors, announces the promotion of Mark Tweed, currently Chief Financial Officer, to Managing Director UK and Sweden, effective April 1. This position has been established to further strengthen the automotive business and serve dealers and customers even better.
Tweed will have the responsibility for the retail and wholesale business in the UK and Sweden and report to Erhard (Ed) Paulat, Executive Vice President for GM Financial in the UK, Sweden, Germany, Austria and Switzerland.
Paulat comments: "A stronger management is a logical next step aligned with our mission to help GM/Vauxhall and our other business partners in the UK sell more cars. Strengthening the business in significant areas and growing our brand in this important market will also provide an even stronger customer focus and will make us easier to do business with -- both for dealers and retail customers."
Denise Buckley, currently Director of IO Financial Systems at GM Financial in the US, will succeed Tweed as CFO for the UK and Sweden assuming the responsibilities for finance and accounting in both countries.
Tweed is a chartered accountant and fellow of the Institute of Chartered Accountants in England and Wales (ICAEW). He joined GM Financial in August 2007 as Financial Controller. In 2008, he was named Chief Financial Officer, expanding his CFO responsibilities initially to Sweden and then to Germany, Austria and Switzerland in 2013. Before joining the company he held positions in private practice and financial service companies, including PwC and Lloyds Bank plc. He is and will continue to be an approved person for the Financial Conduct Authority (FCA).
About GMAC UK
With over 90 years of experience, GMAC UK has an unrivalled reputation in offering finance solutions for the automotive industry. Using the brand "Vauxhall Finance", the company provides automotive financing products for Vauxhall dealers and customers. In 2014, GMAC joined the top 7% of accredited organisations across the UK when it was awarded with the Investors in People Gold standard for realising the potential of its staff. GMAC UK is a subsidiary of GM Financial Inc., the automotive financial services company of General Motors.
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SOURCE GMAC UK plc