GM chief marketing officer to step down

General Motors said Tuesday its global chief marketing officer Deborah Wahl had decided to retire effective March 31.

The Detroit automaker is one of the largest U.S. advertisers spending $3.3 billion in 2021 on advertising and promotions, according to its annual report. Wahl, a former chief marketing officer at McDonalds who held marketing jobs at a number of automakers, assumed her current role at GM in 2019. Last week, GM announced it was offering buyouts to most of its U.S. salaried employees and executives.