THE BARRA ERA AT GM
GM's grueling comeback sets the stage for new CEO to think bigSat, 14, Dec 2013
In a 24-hour span this week, GM slammed the lid on a five-year chapter that will forever be defined by bankruptcy, bailout and caretaker management. Now Mary Barra, the first woman to lead a global automaker, inherits a company untethered from government ownership, with a rock-solid balance sheet, a clearer European strategy and a vehicle-development enterprise that's cranking out plenty of hits.
CEO's legacy: Strong profits, productsMon, 16, Dec 2013
General Motors, after more than three years with Dan Akerson at the helm, is in significantly better shape, though some may argue that the seeds for the improvement were sown before he arrived in Detroit.
Who moved the beef? A tale of flux at GMSat, 14, Dec 2013
Who would have thought that General Motors, the Ward Cleaver of American business for most of its 100-plus years of existence, would be the first auto company to name a woman to the top job? Women have been leading other companies for some time now, but the change at the top of GM is one of those landmark events, like Bob Dylan going electric, that marks a cultural watershed.
The old GM on the new CEOMon, 16, Dec 2013
When former General Motors vice chairman Bob Lutz appeared on Frank Beckmann's radio talk show on WJR-AM in Detroit last week, he praised Mary Barra, the company's new CEO, who has been doing Lutz's old job of head of product development.
The unchosen fewMon, 16, Dec 2013
It didn't take long for the horse race whispers to start after the Sept. 1, 2010, arrival of GM CEO Dan Akerson. He was 61 and, by his own admission, was appointed as a "transition CEO." Mary Barra, then human resources chief, vaulted into the conversation in January 2011, when Akerson put her in charge of product development. She emerged as a serious contender amid a transformation of GM's lineup, culminating in her appointment last week as the next CEO. Here's a look at the other three executives who were on the short list.
A historic rise, but barriers to women remainMon, 16, Dec 2013
Barra, 51, will be the first woman to run a global automaker and the 23rd woman heading a Fortune 500 company. While Barra's appointment is historic, it does not necessarily mean women no longer face barriers, female executives at automotive companies say.
New generation must maintain the momentumMon, 16, Dec 2013
With one sweeping announcement General Motors went from conservative to cutting edge, from out of touch to an out-of-the-box decision, from old Detroit to (really, really) new GM. Even the competition took note.
A busy week at General MotorsMon, 16, Dec 2013
The U.S. government selling its last bit of stock in General Motors and making GM a free corporation should have been enough excitement for last week.
Akerson cleared the path; Barra must forge aheadMon, 16, Dec 2013
There's more to Mary Barra's ascension than gender equality.
Key Barra asset: Battle-tested communication skillsMon, 16, Dec 2013
In the aftermath of the UAW's bruising 56-day strike in 1998 of General Motors' stamping operations in Flint, Mich., GM dispatched a former executive assistant to repair the lines of communication between the company and union workers. It was Mary Barra's first and only communications job.
GM names Barra as CEO, succeeding AkersonTue, 10, Dec 2013
General Motors named global product development chief Mary Barra, 51, to succeed Dan Akerson, making her the first female CEO of a global automaker. Akerson, 65, said he sped up his retirement schedule because of his wife's cancer. These and other executive moves take effect January 15.
Batey to remain head of Chevy as he becomes GM N.A. presidentThu, 12, Dec 2013
Alan Batey will remain head of the Chevrolet brand globally even after he assumes his new role as president of General Motors North America, according to two people familiar with the plan.
GM exodus would put Australian auto industry near extinctionWed, 11, Dec 2013
Australia's century-old automotive industry is stepping closer to extinction after GM joined Ford in deciding to stop making cars in the country -- and Toyota appears likely to be the next to exit.
Next GM president Ammann aims to prove he is not just a bean counterWed, 11, Dec 2013
Dan Ammann, GM's incoming president, has gone to great lengths to prove that while he is the U.S. automaker's chief financial officer, he is not just a bean counter.
Reuss hands key North America reins to BateyTue, 10, Dec 2013
Today's shake-up in GM's executive ranks gives responsibility for GM's most profitable region -- North America -- to Alan Batey, a hard-charging Briton who has been the face of GM to most of its U.S. dealers during the company's climb back from bankruptcy. Batey, 50, zoomed through GM's executive sales ranks over the past four years, before being named in June to a newly created position as head of global Chevrolet. He also remained head of U.S. sales for Chevy, Buick and GMC.
Barra: Disciplined and determined to change GM’s waysTue, 10, Dec 2013
General Motors' next CEO is both a product of the company's bureaucratic, hidebound culture, and a crusader against it. Early in her tenure as GM's product chief, Mary Barra concluded that the company needed a new family of global, more fuel-efficient engines. And she figured GM would need a lot of them -- around 2 million units.
RECAP: GM's executive changesTue, 10, Dec 2013
Here are the executive changes announced by General Motors Tuesday:
Teddy Roosevelt, engineering rises again and 'girl power' -- what people are saying about GM movesTue, 10, Dec 2013
A roundup of what analysts, journalists and others are saying about the appointment of Mary Barra as CEO of General Motors and the other top management moves made by the company on Tuesday:
U.S. sells last of GM shares, ending 'Government Motors' eraMon, 09, Dec 2013
The Treasury on Monday sold its last shares of General Motors stock, ending more than four years of government ownership in the nation's largest automaker at a loss of about $10.5 billion to U.S. taxpayers. The government said in a statement that it recouped $39 billion of its original $49.5 billion investment into GM. Company executives and dealers say that the stigma of federal ownership, which earned GM the derisive nickname “Government Motors,” has hurt sales.
GM's Akerson: 'We had to right the ship'Tue, 10, Dec 2013
In the 39 months since Dan Akerson volunteered to be General Motors' CEO during a board meeting, the automaker has earned about $16 billion. Akerson, a former telecommunications executive and Navy lieutenant prone to using maritime metaphors, acknowledged he knew little about cars when he arrived in Detroit. He was appointed to GM's board in July 2009.
Promotions of Barra, Reuss, Batey receive dealers' praiseTue, 10, Dec 2013
General Motors dealers responded positively today to news that Mary Barra will be the automaker's next CEO. They also praised the promotions of Mark Reuss to head of product development and Alan Batey to lead the automaker's North American operations.