Their initial presentation to the audit committee was criticised for being a rehash of past problems, and not useful to the board as they discussed the strategic direction of GMS. In the first year of implementation, the ERM team met with senior management, and identified and prioritised a number of crucial risks that had been disruptive to GMS. GMS Chief Financial Officer (CFO) David Cruz was charged with overseeing the development of the initial ERM framework for the company. Gemini Motor Sports (GMS), a public company headquartered in Brazil, manufactures on-road and off-road recreational vehicles for sale through a dealer network in Brazil and Canada.
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