GM Treasurer Borst appointed Chairman of Opel unit’s board

General Motors Co Treasurer Walter Borst was appointed supervisory board chairman of the Adam Opel GmbH division as part of a reorganization of European operations. Borst, 48, was chief financial officer of the Ruesselsheim, Germany-based carmaker from October 2000 until January 2003 and returns to the unit following almost seven years at the parent company, Opel said today in a statement. Borst, a US citizen, joined General Motors as a cooperative student in 1980 and worked at Opel and the GM Europe regional division starting in 1995. He was appointed to Opel’s board at the beginning of this month, joining Nick Reilly, who was then the unit’s acting chief. Reilly was named president of GM Europe on December 4.