GLOBAL ebusiness exchange Covisint has announced Harold Kutner as its new chairman and chief executive officer following the resignation of Kevin English.

Kutner was former group vice-president, Worldwide Purchasing, for General Motors.

'In the past year, Covisint has grown from a sound idea to a solid business with a bright future,' English said. 'With the company near profitability, my goals are accomplished. I leave Covisint on solid footing and poised for profitability in the 4th quarter of this year.'

English added: 'Harold Kutner is a remarkable executive with a long history of accomplishment in the automotive industry, the least of which is his standing as one of the visionaries behind the creation of Covisint.'

The company has also appointed Bruce swift, former vice-president of purchasing for Ford of Europe, as president and chief operating officer.