General Motors, seeking a faster turnaround at its flagship luxury brand, appointed Steve Carlisle president of Cadillac, replacing Johan de Nysschen, who is leaving the automaker immediately.

De Nysschen, 58, was overseeing a $12 billion plan to expand Cadillac's product lineup and was given unprecedented freedom, including moving the venerable luxury brand's headquarters out of Detroit to New York City and operating separately from GM’s core brands.

De Nysschen, in an interview Wednesday with Bloomberg News, said he left amicably and declined to go into details on what prompted his departure.

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Parting Of Ways: de Nysschen Wanted To Build An Iconic Brand But GM Wanted Cadillac Sales First

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