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Shanghai GM President to Leave Company

Ye Yongming has resigned as president of Shanghai General Motors Co. to take a job as president of the state-owned supermarket chain Bailian Group, Automotive News China reports.

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Ye Yongming has resigned as president of Shanghai General Motors Co. to take a job as president of the state-owned supermarket chain Bailian Group, Automotive News China reports.

The online newspaper cites a notice on the Shanghai municipal government Web site.

Ye has headed Shanghai Automotive Industry Corp.'s carmaking joint venture GM since early 2011. The venture has not yet appointed Ye's successor.

Gardner Business Media - Strategic Business Solutions