OREANDA-NEWS. June 21, 2013. The GM-AVTOVAZ Annual Shareholder Meeting and the Board of Directors Meeting took place in Togliatti. During the meetings, Board representatives discussed the joint venture’s 2012 results, as well as those of the first five months of 2013. 

They also reviewed operational performance, and discussed future production and investment activities at the JV.

Organizationally, there were a few changes that were reviewed.  Namely, there was a change to the JV’s Board membership:  On the part of General Motors, James B. De Luca, General Motors International Operations Vice President for Manufacturing, replaced John R. Buttermore.

Thus, the new Board membership is comprised of the following individuals:

on the part of OJSC “AVTOVAZ”:

Igor Komarov, President, OJSC "AVTOVAZ";

Oleg Lobanov , Executive Vice President Finance and Corporate Development, OJSC "AVTOVAZ"; and

Hugues Francois Gerard Desmarchelier, Executive Vice President, Production and Technical Development, OJSC "AVTOVAZ".

on the part of General Motors:

James P. Bovenzi, GM Russia and CIS President and Managing Director;

James B. De Luca, Vice-President, GMIO Manufacturing; and

Julian G. Blissett, Vice President, New Business Development and Strategic Alliances, GMIO.

The Board members thanked John R. Buttermore for his work as the Board member, and his contribution into GM-AVTOVAZ development.