Executive AN

Fiat Chrysler labor chief Iacobelli retires as UAW talks loom

12:04 pm U.S. ET | June 9, 2015

On the verge of UAW negotiations, Fiat Chrysler said Al Iacobelli -- its head of North American employee relations -- is retiring and is being replaced with the HR head in Mexico. Iacobelli, 55, who has been a key driver of Chrysler's labor relations for more than a decade, “has announced his plans to retire from the company” effective immediately, FCA US said in a statement today.... Read More »

Brose North America appoints new president

2:39 pm U.S. ET | June 8, 2015

Brose Fahrzeugteile GmbH today named Mike Brosseau president of its North American subsidiary, Brose North America Inc. Brosseau, 47, succeeds Jan Kowal, 66, who is retiring.... Read More »

Dow CEO being probed by SEC for allegations of misspending, report says

11:02 am U.S. ET | June 5, 2015

The U.S. Securities and Exchange Commission is investigating allegations that Dow Chemical CEO Andrew Liveris misused company funds for personal benefit, people familiar with the matter told Reuters.... Read More »

Mulally joins 3-D firm's board

10:01 am U.S. ET | June 2, 2015

Former Ford CEO Alan Mulally is diving deeper into the tech sector, joining 3-D printing company Carbon3D's board of directors.... Read More »

Ex-GM engineer Ray DeGiorgio to be deposed in ignition-switch lawsuit

3:58 pm U.S. ET | May 27, 2015

Former General Motors engineer Ray DeGiorgio will be deposed in June in the class-action filed by consumers against the automaker over the faulty ignition switches now linked to 107 deaths, Texas lawyer Bob Hilliard's office confirmed today.... Read More »

Retiring GM director Isdell sees turnaround taking 10 years

2:03 pm U.S. ET | May 14, 2015

Retiring GM board member Neville Isdell has a parting message for CEO Mary Barra: Yes, GM has come a long way since the bankruptcy and is in capable hands, but the turnaround is far from complete.... Read More »

Ford profit decline poised for a reversal in 2015, Fields says

11:15 am U.S. ET | May 14, 2015

Ford CEO Mark Fields, presiding over his first annual meeting, addressed shareholder concern about the company's lagging stock by promising the company is poised for a profit liftoff in the year's second half.... Read More »

Cadillac dealer Joe Stewart killed in Houston

11:34 am U.S. ET | May 11, 2015

A Cadillac dealer in Houston was shot and killed outside his home Thursday night, May 7, Houston police said.... Read More »

Former GM CFO Robert O'Connell dies at 76

1:52 pm U.S. ET | May 11, 2015

Robert O'Connell, former CFO of General Motors and CEO and chairman of GMAC, died Friday in Boston. He was 76.... Read More »

Francois Michelin dies at age 88

9:24 am U.S. ET | April 29, 2015

Francois Michelin, who headed the French tire giant that bears his family name for 47 years, died Wednesday at age 88.... Read More »

GM paid Barra $16.2 million in 2014

11:00 am U.S. ET | April 24, 2015

GM CEO Mary Barra received $16.2 million in total compensation during her first year leading the automaker, GM said in a regulatory filing today. Barra's payout included a base salary of $1.6 million, stock awards totaling $11.8 million, and $2.1 million from a short-term, nonequity incentive tied to several performance measures, such as GM's pretax profit and global market share.... Read More »

Google exec sees self-driving cars as inevitable

4:05 pm U.S. ET | April 21, 2015

Ray Kurzweil, inventor, futurist and Google's director of engineering, opened the SAE World Congress here by pointing out that predicting the future is easy -- and saying self-driving cars are inevitable.... Read More »

Mercedes' Cannon recruits fellow execs for a personal mission

11:34 am U.S. ET | April 21, 2015

A few months ago, Steve Cannon called on the heads of Group 1 and AutoNation for big favors -- and it had nothing to do with selling more cars. Instead, the CEO of Mercedes-Benz USA had a different mission in mind.... Read More »

Sheila Vaden-Williams, former head of minority auto dealers association, dies at age 55

11:20 am U.S. ET | April 21, 2015

Sheila Vaden-Williams, former president of the National Association of Minority Automobile Dealers, died Sunday. She was 55.... Read More »

Phil Martens out as CEO of aluminum supplier Novelis

1:56 pm U.S. ET | April 20, 2015

Top aluminum rolled products maker Novelis announced Monday the surprise departure of CEO Philip Martens -- a former rising star executive at Ford -- who helped the India-owned supplier shift toward the automotive sector.... Read More »

VW's top board group backs Winterkorn as 'best possible' CEO

6:39 am U.S. ET | April 17, 2015

Volkswagen AG's supervisory board leadership panel backed CEO Martin Winterkorn, defusing a power struggle with Chairman Ferdinand Piech in saying Winterkorn is the "best possible" chief executive for the German automaker.... Read More »

U.S. House OKs bill to kill 'death tax'

3:50 pm U.S. ET | April 16, 2015

The House of Representatives passed a bill to repeal the 40 percent tax applied on estates worth more than $5 million, which dealers have long complained could saddle their family members with huge tax bills should they die unexpectedly. A similar bill has been introduced in the Republican-controlled Senate.... Read More »

Turmoil pushes Porsche chief to forefront of potential CEO race at VW

11:14 am U.S. ET | April 14, 2015

A rift between Volkswagen AG's two most senior executives threatens to create a power vacuum that's set to hasten the search for a new leader. Matthias Mueller, who oversees the Porsche sports-car division, may hold the best cards with his background in engineering and operational experience.... Read More »

AutoNation CEO Jackson's 2014 compensation soars 69% to $10.6 million

1:33 pm U.S. ET | April 3, 2015

AutoNation CEO Mike Jackson’s overall compensation soared 69 percent to $10.6 million for 2014, up from $6.3 million for 2013, AutoNation said in its proxy filing released late Thursday.... Read More »

Hamp, Toyota's first female senior exec, says building trust is top priority

12:15 pm U.S. ET | April 3, 2015

Julie Hamp this week became Toyota's first female senior executive, overseeing global communications from Toyota City. Hamp said today her top priority is building trust at the automaker -- fixing disconnects between how Toyota sees itself and how outsiders view the company.... Read More »

Gilles promoted to FCA's global head of design

1:01 pm U.S. ET | April 1, 2015

Ralph Gilles, longtime chief designer for Fiat Chrysler in the United States, has been appointed head of design for the automaker’s global parent.... Read More »

Dura owner Lynn Tilton sues SEC after it charges her with fraud

12:04 pm U.S. ET | April 1, 2015

Escalating her battle with the federal regulators, flamboyant New York investor Lynn Tilton, who has a variety of automotive parts holdings, sued the US Securities and Exchange Commission to stop it from pursuing a case charging her with defrauding her investors.... Read More »

LaSorda's IncWell names new CEO, partners

3:26 pm U.S. ET | April 1, 2015

Tom LaSorda has named longtime auto executive Simon Boag to replace him as CEO of IncWell LLC, an early-stage venture capital firm in suburban Detroit.... Read More »

Berkshire Hathaway Automotive targets growth, possibly abroad

3:00 pm U.S. ET | March 31, 2015

Berkshire Hathaway Automotive already is on the prowl to acquire more dealerships. And, top executives hinted today, that might include looking outside the US. Berkshire Hathaway closed on its purchase of Van Tuyl Group on March 9... Read More »

ARLENA SAWYERS

BLOG: Bidding goodbye to Black Book's Beggs

2:34 pm U.S. ET | March 31, 2015

After 34 years at Black Book, Ricky Beggs is retiring on April 1. That such a fixture of the used-car world would retire seems like an April Fools’ joke. But it’s not; he’s really retiring.... Read More »

 
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