Mark L.  Reuss net worth and biography

Mark Reuss Biography and Net Worth

President of General Motors
Mark Reuss is president of General Motors Company. In this role, he leads the company’s regional operations, including North America, South America, China and General Motors International. GM’s Global Product Development, Global Design, Global Quality and Operational Excellence teams also report to Reuss. In addition, Reuss serves on the board of GM China’s joint venture, Shanghai General Motors Co., Ltd., (SGM), and is a member of the GM Senior Leadership Team.

Reuss became GM president in January 2019 and expanded his role to include the regional responsibilities in November 2019. In 2018, he added Global Cadillac and Global Product Planning to his responsibilities, and continues to lead them today.

From 2013-2018, Reuss was executive vice president, Global Product Development, Purchasing and Supply Chain, and led program management of GM cars, trucks and crossovers worldwide. In this role, he oversaw a major transformation of the product development organization in 2018 to increase focus and development of electrification and autonomous vehicles.

Before that, starting in 2009, Reuss was president of General Motors North America, responsible for GM’s performance, manufacturing, portfolio and dealer network. Under his watch, GM’s North America region produced consistent profits and improved margins during a product renaissance featuring a slate of award-winning vehicles.

Reuss also served briefly as GM’s vice president of global engineering after spending two years overseas as vice president and managing director of GM Australia and New Zealand. During this time, he was a member of the GM Asia Pacific Strategy Board.

Reuss is a mechanical engineer who began his GM career as a student intern in 1983. He has held numerous engineering and management positions, including chief engineer of GM’s large luxury vehicles and manufacturing body shop tooling launches.

He created and led the GM Performance Division in 2001 while serving as executive director of Architecture Engineering. In this role, he was responsible for GM’s racing vehicles, including the V-Series Cadillacs and SS Chevrolets. In 2005, he was appointed executive director of GM’s North America Vehicle Systems and Architecture, and a year later was named executive director of Global Vehicle Integration, Safety and Virtual Development.

A lifelong auto enthusiast, Reuss is a certified industry pool test driver on the North Course of the Nürburgring Motorsport Racetrack in Germany and is licensed for FIA C and IMSA Road Racing. His first car was a 1967 Chevrolet Camaro he bought and restored himself. In 2018, he was honored as the Enthusiast of the Year at the Concours d’Elegance of America.

Reuss was born and raised in metro Detroit and is deeply committed to revitalizing the region via education, community and philanthropy.

In 2010, he spearheaded a $27.1 million grant to the United Way for Southeastern Michigan to improve graduation rates at seven Detroit-area high schools.
In 2013, he championed the GM Student Corps, a summer internship and career development program for underserved youth in metro Detroit and Flint.
He was instrumental in bringing the Chevrolet Detroit Grand Prix back to Detroit’s Belle Isle Park. The event generates millions in economic impact for the region. 
In 2013, he oversaw the purchase of the historic Durant-Dort Factory One, the birthplace of General Motors. After extensive renovations, Factory One reopened in 2017 as a modern, world-class facility that hosts events and holds the iconic Kettering University automotive archives.
He holds a Bachelor of Engineering degree from Vanderbilt University and a Master of Business Administration from Duke University.

Reuss is a member of the Duke Fuqua School of Business Board of Visitors and is GM’s Key Executive at Duke University. He chairs the Board of Trustees at Cranbrook Schools and serves on the Board of Trustees of The Henry Ford, the Skillman Foundation, Horizons Upward Bound, Detroit Workforce Development Board, the Detroit Education Coalition and the CEO Leadership Group on Regional Economic Development. He is the immediate past chair of the Alliance for Automotive Innovation. Additionally, Reuss is a founding member of GM’s Inclusion Advisory Board.

What is Mark L. Reuss' net worth?

The estimated net worth of Mark L. Reuss is at least $5.80 million as of June 10th, 2024. Mr. Reuss owns 126,907 shares of General Motors stock worth more than $5,797,112 as of October 6th. This net worth estimate does not reflect any other investments that Mr. Reuss may own. Additionally, Mr. Reuss receives a salary of $3,980,000.00 as President at General Motors. Learn More about Mark L. Reuss' net worth.

How old is Mark L. Reuss?

Mr. Reuss is currently 60 years old. There are 6 older executives and no younger executives at General Motors. The oldest executive at General Motors is Mr. Craig B. Glidden, EVP of Legal, Policy, Cybersecurity, Gen. Counsel & Corp. Sec., who is 66 years old. Learn More on Mark L. Reuss' age.

What is Mark L. Reuss' salary?

As the President of General Motors, Mr. Reuss earns $3,980,000.00 per year. The highest earning executive at General Motors is Ms. Mary T. Barra, Chairman & CEO, who commands a salary of $8,350,000.00 per year. Learn More on Mark L. Reuss' salary.

How do I contact Mark L. Reuss?

The corporate mailing address for Mr. Reuss and other General Motors executives is 300 Renaissance Center, Detroit MI, 48265. General Motors can also be reached via phone at (313) 667-1500 and via email at [email protected]. Learn More on Mark L. Reuss' contact information.

Has Mark L. Reuss been buying or selling shares of General Motors?

Mark L. Reuss has not been actively trading shares of General Motors during the past quarter. Most recently, Mark L. Reuss sold 35,142 shares of the business's stock in a transaction on Monday, June 10th. The shares were sold at an average price of $46.34, for a transaction totalling $1,628,480.28. Following the completion of the sale, the president now directly owns 126,907 shares of the company's stock, valued at $5,880,870.38. Learn More on Mark L. Reuss' trading history.

Who are General Motors' active insiders?

General Motors' insider roster includes Mary Barra (CEO), Julian Blissett (EVP), Stephen Carlisle (EVP), Craig Glidden (EVP), Rory Harvey (EVP), Christopher Hatto (CAO), Paul Jacobson (CFO), Gerald Johnson (EVP), Randall Mott (EVP), Douglas Parks (EVP), Mark Reuss (President), Patricia Russo (Director), and Matthew Tsien (EVP). Learn More on General Motors' active insiders.

Are insiders buying or selling shares of General Motors?

In the last year, General Motors insiders bought shares 1 times. They purchased a total of 25,000 shares worth more than $1,102,750.00. In the last year, insiders at the auto manufacturer sold shares 14 times. They sold a total of 1,253,966 shares worth more than $56,168,307.25. The most recent insider tranaction occured on August, 26th when EVP Rory Harvey sold 12,795 shares worth more than $627,210.90. Insiders at General Motors own 0.7% of the company. Learn More about insider trades at General Motors.

Information on this page was last updated on 8/26/2024.

Mark L. Reuss Insider Trading History at General Motors

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/10/2024Sell35,142$46.34$1,628,480.28126,907View SEC Filing Icon  
6/7/2024Sell14,858$46.01$683,616.58162,049View SEC Filing Icon  
5/28/2024Sell150,000$43.44$6,516,000.00176,907View SEC Filing Icon  
7/13/2023Sell9,300$41.00$381,300.00282,973View SEC Filing Icon  
11/17/2021Sell224,527$64.36$14,450,557.72View SEC Filing Icon  
3/22/2021Sell145,178$58.39$8,476,943.42248,004View SEC Filing Icon  
8/2/2019Sell275,944$40.03$11,046,038.32479,413View SEC Filing Icon  
2/15/2018Sell165,944$41.85$6,944,756.40369,878View SEC Filing Icon  
1/4/2018Sell30,000$43.09$1,292,700.00103,052View SEC Filing Icon  
5/3/2017Sell75,000$33.35$2,501,250.00133,052View SEC Filing Icon  
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Mark L. Reuss Buying and Selling Activity at General Motors

This chart shows Mark L Reuss's buying and selling at General Motors by year and by quarter.

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General Motors Company Overview

General Motors logo
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Baojun, and Wuling brand names. In addition, the company sells trucks, crossovers, cars, and automobile parts through retail dealers, and distributors and dealers, as well as to fleet customers, including daily rental car companies, commercial fleet customers, leasing companies, and governments. Further, it offers range of after-sale services through dealer network, such as maintenance, light repairs, collision repairs, vehicle accessories, and extended service warranties. Additionally, the company provides automotive financing; and software-enabled services and subscriptions. General Motors Company was founded in 1908 and is headquartered in Detroit, Michigan.
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Today's Range

Now: $45.68
Low: $45.50
High: $46.15

50 Day Range

MA: $45.91
Low: $39.96
High: $49.78

2 Week Range

Now: $45.68
Low: $26.30
High: $50.50

Volume

11,429,409 shs

Average Volume

15,268,132 shs

Market Capitalization

$52.12 billion

P/E Ratio

5.58

Dividend Yield

1.07%

Beta

1.42