Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Hanwha Signals Readiness to Build Nuclear-Powered Submarines at Philly Shipyard for U.S. Navy 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Italy Fines Apple €98.6 Million Over App Store Dominance 
ByteDance Plans Massive AI Investment in 2026 to Close Gap With U.S. Tech Giants 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy 
Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
South Korean Court Clears Korea Zinc’s $7.4 Billion U.S. Smelter Project, Shares Surge 
AstraZeneca’s LATIFY Phase III Trial of Ceralasertib Misses Primary Endpoint in Lung Cancer Study 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
General Motors announced it hired former Tesla executive and current vice president of Google’s engineering unit, Jens Peter “JP” Clausen, to lead its global manufacturing business division. He is set to take over the head of GM Manufacturing role from Gerald Johnson.
According to CNBC, Johnson has been with General Motors for 44 years and is currently serving as the executive vice president of manufacturing and sustainability. He will retire after almost five decades.
Hiring Johnson’s Successor
GM searched for the ideal leader to succeed the retiring company veteran and finally selected Jens Peter Clausen. On Tuesday, March 12, the automotive manufacturer said that Johnson is confident in passing the baton to the ex-Tesla and Google executive.
Clausen is said to be a well-known industrial leader in the field. Moreover, his experience and expertise in global manufacturing, scaling operations, and products are relatively vast; thus, General Motors hired him as Johnson’s replacement.
Other Changes in the Management
In any case, aside from the appointment of Clausen, General Motors also announced the departure of Mike Abbott, who is serving as the company’s executive vice president of software and services. The Detroit, Michigan-based automaker said he is leaving due to health reasons.
Abbott was a former executive at Apple Inc. and only joined the company in May of last year. GM named Baris Cetinok the interim replacement while the search for a permanent leader continues.
“Gerald’s leadership, vision and relentless pursuit of excellence in manufacturing have left an indelible mark on GM,” General Motors’ chairman and chief executive officer, Mary Barra, said in a press release. "His impactful journey from joining the Fisher Body Plant in Euclid, Ohio, to his integral role in GM’s COVID-19 emergency response, is a testament to his unwavering commitment and dedication.”
She added, “We are immensely grateful for his over four decades of service and congratulate him on his well-deserved retirement.”
Meanwhile, JP Clausen will soon move to GM, and his last day of work at Google will be March 29.
Photo by: Elishia Jayye/Unsplash
