GM director makes pitch for in-house successor to Akerson
Dan Akerson has “a sufficient bench,” a director says.
General Motors CEO Dan Akerson has built a strong senior management team from which he should be able to find a successor, Patricia Russo, the lead director on GM's board, told Bloomberg last week.
Russo, former Alcatel-Lucent CEO, said external successors make sense for companies needing change. But she added: "I don't believe that's the case for GM at this point.
"I would hope that when the time is right we've got a sufficient bench to be able to find the right successor," she said.
Vice Chairman Steve Girsky, 50, North America President Mark Reuss, 48, and product development boss Mary Barra, 50, have been mentioned by Akerson as possibilities.
But the 63-year-old CEO does not appear to be leaving any time soon.
"I've encouraged him to stay long enough to find a successor in the company and to get the board comfortable," director Robert Krebs told Bloomberg, estimating it would take "a couple years."