DETROIT -- General Motors' longtime chief economist, Mustafa Mohatarem, is retiring later this year. His successor, Elaine Buckberg, assumed her new duties April 1.
Mohatarem will "remain active" as chief economist emeritus to ease Buckberg's transition, GM said in a statement.
Mohatarem joined GM in 1982. He was general director of the economics staff before becoming chief economist in 1995.
Buckberg has 25 years of experience as an economist. She has a bachelor's degree in economics and English from Yale University and a Ph.D. in economics from the Massachusetts Institute of Technology.