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General Motors Company (NYSE:GM) Names Infiniti, Audi Veteran to Lead Cadillac – Stock Tips Higher

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General Motors Company (NYSE:GM) is a modest gainer Friday as the automaker, nagged by publicity from a massive recall, has shuffled the leadership at Cadillac, one of its top brands in an international push.

Johan de Nysschen has been hired away from Nissan’s Infiniti luxury line to direct Cadillac, also a higher-priced brand. He replaces Bob Ferguson, senior vice president of Cadillac, who was named Thursday as senior vice president of global public policy.

The 52-year-old de Nysschen’s oversight will include not just sales, marketing and pricing but also “product portfolio planning” and “critical input for product engineering and design,” GM said in a statement.

Cadillac’s sales growth has slowed in the U.S. Sales fell 2% for the first half of 2014, after rising 22% from 2012 to 2013 as it launched redesigned CTS, ATS and XTS sedans. Cadillac sales in China surged 72% for the first half of 2014 to 33,760 units. Its goal is to sell 100,000 vehicles in the world’s largest car market in 2015. GM traded up to $38.01 Friday, moving toward the upper end of its $31.70 to $41.85 52-week range.

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