Grimaldi, vice president and general manager for field sales, service and parts, sank a hole in one during a charity golf match in Detroit called the Richest Day in Golf. Under the terms of the event, each person who got a hole in one would win $1 million.
Grimaldi got his on the 18th hole. But because GM was one of the sponsors of the event and paid Grimaldi's $5,000 entry fee, GM lawyers said Grimaldi would have violated the company's strict conflict-of-interest policy by accepting the money. The world's largest automaker has a ban on employees receiving any gifts or favors. Instead, GM said it would donate the money to charities chosen by Grimaldi.
Oh, if you were wondering, Grimaldi used a 4-iron on the 167-yard hole. Just in case you want to practice.