Daniel Akerson

Former GM CEO Akerson returns to Carlyle as vice chairman

10:17 am U.S. ET | March 14, 2014
Carlyle Group named Dan Akerson, who stepped down as CEO of General Motors in January, to the role of vice chairman of the board of directors and special adviser. Akerson joined Carlyle March 1 in the private-equity firm’s Washington headquarters and will give operational, investment and management guidance to the investment teams, firm management and the board, Carlyle said today in a statement.... Read More »

 

NICK BUNKLEY

The disappearing GM gender pay gap that wasn't

1:43 pm U.S. ET | Feb. 12, 2014
In a shocking surprise to no one who was actually aware of the facts, General Motors did not really cut CEO Mary Barra's pay when it promoted her to CEO. Nor is GM paying Barra significantly less than her male predecessor, as some media outlets recklessly claimed. In fact, Barra stands to make significantly more money than Dan Akerson did as chairman and CEO, GM revealed this week.... Read More »

 

GM expects to pay Barra $14.4 million in 2014

3:10 pm U.S. ET | Feb. 10, 2014
General Motors expects to pay CEO Mary Barra about $14.4 million this year, GM said today in response to reports speculating on her compensation compared with that of retired CEO Dan Akerson.... Read More »

 

Barra steers a course set by Akerson

12:01 am U.S. ET | Jan. 27, 2014
General Motors CEO Mary Barra doesn't seem eager to discuss the glass ceiling that shattered with her elevation to GM's top job this month or whether her appointment can help transform the company's stodgy image.... Read More »

 

Barra: GM to stay on course set by Akerson

Jan. 23, 2014 18:04 CET
GM CEO Mary Barra plans "no right or left turns" from the path laid out by her predecessor, and expects to accelerate the company's turnaround in part through better integration of its regional operations around the globe.... Read More »

 

Barra: GM to stay on course set by Akerson

12:04 pm U.S. ET | Jan. 23, 2014
GM CEO Mary Barra said today that she plans "no right or left turns" from the path laid out by her predecessor, and expects to accelerate the company's turnaround in part through better integration of its regional operations around the globe.... Read More »

 

NICK BUNKLEY

Why Barra's pay isn't a gender equity issue

2:29 pm U.S. ET | Jan. 20, 2014
After GM released some details of Mary Barra's compensation in her first year as CEO, a few stories began popping up citing the numbers as proof that the automaker is not really that progressive after all. But there's no reason to believe this one instance has anything to do with gender inequity.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Akerson: Hectic days, proud moments

12:01 am U.S. ET | Jan. 20, 2014
Newly retired General Motors CEO Dan Akerson had been on an informal farewell tour before his departure last week, highlighting the strides GM made under his watch.... Read More »

 

Barra's compensation to total up to $4.4 million in 2014, GM says

4:02 pm U.S. ET | Jan. 17, 2014
Mary Barra, General Motors' new chief executive, will be paid up to $4.4 million in cash and stock compensation this year, GM disclosed in a federal filing on Friday. The pay package for Barra does not include what she and other executives will receive under the company's long-term compensation plan, which is subject to shareholder approval in June. GM will disclose details of that plan in April.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Akerson 'optimistic' about Opel's future

Jan. 16, 2014 13:44 CET
General Motors' departing CEO Dan Akerson said he is "optimistic" about the automaker's struggling European brand, Opel. The brand's market share rose in Europe for the first time in 14 years in 2013, Akerson told the Automotive News World Congress.... Read More »

 

2014 AUTOMOTIVE NEWS WORLD CONGRESS

Akerson reflects on his beginning, tenure and legacy at GM

6:36 pm U.S. ET | Jan. 15, 2014
General Motors' departing CEO Dan Akerson says his successor faces tougher pressure than he ever did as the first woman to lead a major automaker, but says Mary Barra is a unique leader who “knows the business from the shop floor up.”... Read More »

 

GM to pay first dividend in 6 years

5:10 pm U.S. ET | Jan. 14, 2014
General Motors will pay the first quarterly dividend on its common stock in almost six years, marking another step in the recovery from its 2009 bankruptcy. Separately, GM named Chuck Stevens as CFO to replace Dan Ammann, who became the automaker's president Wednesday.... Read More »

 

Ex-boxer Akerson goes out jabbing

12:01 am U.S. ET | Jan. 13, 2014
General Motors CEO Dan Akerson frequently broke the unwritten industry rule against taunting competitors during his nearly 31/2-year tenure. But he seems to have been saving some ammunition.... Read More »

 

GM's Akerson says Barra's selection transforms automaker's image

Jan. 9, 2014 06:01 CET
Departing General Motors CEO Dan Akerson says he believes the appointment of Mary Barra as his successor instantly transformed the image of GM into that of a more progressive company.... Read More »

 

Akerson: Barra's selection transforms GM's image

6:08 pm U.S. ET | Jan. 8, 2014
Departing General Motors CEO Dan Akerson says he believes the appointment of Mary Barra as his successor instantly transformed the image of GM into that of a more progressive company.... Read More »

 

GABE NELSON

Washington's verdict: Bailout? What bailout?

12:01 am U.S. ET | Dec. 21, 2013
Was the government bailout of General Motors and Chrysler a good investment? Five years ago, that question was debated feverishly in Congress. But now, no one in Washington seems able to work up the energy to debate it. The bailout era, born of fire, has ended with a whimper.... Read More »

 

Akerson in D.C.: GM still has 'a lot to prove'

3:52 pm U.S. ET | Dec. 16, 2013
Dan Akerson, the departing CEO of General Motors, gave a closing defense in Washington of the bailout that saved GM five years ago, saying the company's strong balance sheet and recent accolades for its cars show the wisdom of the move.... Read More »

 

GM CEO sees greater 'bandwidth' for paying dividends in 2014

4:55 pm U.S. ET | Dec. 16, 2013
General Motors, with improved cash flow and fewer outstanding preferred shares, is in a better position to consider paying a dividend next year, CEO Dan Akerson said.... Read More »

 

CEO's legacy: Strong profits, products

12:01 am U.S. ET | Dec. 16, 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.... Read More »

 

EDITORIAL

Akerson cleared the path; Barra must forge ahead

12:01 am U.S. ET | Dec. 16, 2013
There's more to Mary Barra's ascension than gender equality.... Read More »

 

Briton Batey to head GM's most profitable region

Dec. 11, 2013 06:01 CET
GM has given responsibility for its most profitable region -- North America -- to Alan Batey, a hard-charging 50-year-old Briton who has zoomed through the automaker's executive sales ranks over the past four years.... Read More »

 

GM names Barra as CEO, succeeding Akerson

9:01 am U.S. ET | Dec. 10, 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.... Read More »

 

Reuss hands key North America reins to Batey

3:16 pm U.S. ET | Dec. 10, 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.... Read More »

 

RECAP: GM's executive changes

9:54 am U.S. ET | Dec. 10, 2013
Here are the executive changes announced by General Motors Tuesday:... Read More »

 

GM names Barra as CEO, succeeding Akerson

Dec. 10, 2013 15:01 CET
General Motors named global product development chief Mary Barra to succeed Dan Akerson as CEO. Akerson will step down in January. Vice Chairman Steve Girsky will move to an advisory role before leaving in April. Girsky led GM's turnaround plan for its European operations.... Read More »

 

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