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Departure of GM CFO Dhivya Suryadevara highlights ongoing 'brain drain' problem for auto industry

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As the automotive and tech sectors have collided in the past decade with the rise of connected, electric and autonomous vehicles, the competitive landscape for top talent has increasingly become more challenging.

. GM tapped Alan Wexler, former CEO and chairman of digital business firm Publicis Sapient, to run innovation and growth.

"The tech sector is investing and trying to figure out this automotive industry, just like automotive is trying to behave and figure out the tech sector," Marion said. "It facilitates the exchange of talent across those boundaries in a more fluid way." Marion expects mid-career talent who have transferable skills such as Suryadevara to be the most at risk for leaving the automotive industry in the foreseeable future. He said they have "career runway" and the automotive industry is expected to remain an unstable environment in the coming years due to theSuryadevara said it was with "mixed emotions" she was announcing her departure from GM, calling it a "very difficult decision.

"Stripe's mission to increase the GDP of the internet is more important now than ever," Suryadevara, who GM said was unavailable for an interview,Stripe, a private company, didn't disclose details of Suryadevara's benefits package as its CFO. At GM, her total compensation was about $6.8 million in 2019, only trailing GM CEO and Chairman Mary Barra and GM President Mark Reuss.

 

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