July 30, 2003
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Holden's Peter Hanenberger to Retire After 45 Years With GM
Denny Mooney to Succeed
Hanenberger as Holden Chairman & Managing Director
|DETROIT - Peter Hanenberger, a General Motors group
vice president and chairman and managing director of GM's Australia
subsidiary, Holden Ltd., will retire Jan. 1 after 45 years of
service, GM Chairman and CEO Rick Wagoner announced today.
|Denny Mooney, executive director of vehicle integration for GM
North America Engineering, will succeed Hanenberger as Holden
chairman and managing director, Wagoner said. Mooney will join
Holden later this year and work with Hanenberger to ensure a smooth
Hanenberger, 61, joined
Holden in 1999 and oversaw its remarkable expansion and success in
Australia and the other markets where Holden cars and trucks are sold.
Before joining Holden,
Hanenberger was a GM vice president and group executive of the Opel
Technical Development Centre in Ruesselsheim, Germany. A native of
Wiesbaden, Germany, he began his career at Adam Opel AG, GM's German
subsidiary, in 1958 in vehicle testing and development. He moved up the
ranks to several key engineering posts.
Holden underwent an
aggressive expansion of its product lineup and manufacturing capacity
under Hanenberger's tenure. He championed the expansion of Holden's
research and product development capabilities, which included the recent
announcement of the Holden Innovation Center.
Hanenberger also played a key
role in the growth of GM's Asia-Pacific operations, including its assembly
plant in Rayong, Thailand, and with Holden's operations in New Zealand. He
is a director of GM Daewoo Auto & Technology Co., serving as a
consultant for the rapidly growing Korean automaker.
Mooney, 46, brings to Holden
25 years of automotive engineering and management experience. After
joining GM in 1978 as a college graduate in training with Oldsmobile,
Mooney advanced to several engineering positions within GM North America.
In 1993, he was named director of projects for future programs, and was
promoted to vehicle chief engineer for compact cars in 1996. In the
following years, he held several engineering director positions, and was
named executive director of vehicle performance for GM North America
before appointment to his current post in 2001.
At Holden, Mooney will report
to Fritz Henderson, GM group vice president and president of GM Asia
Mooney holds a Bachelor of
Science degree in mechanical engineering from the University of Michigan
and a master's degree in national resource strategy from the National