Succession Plans

Daimler CEO Zetsche likely to have contract extended, executives say

April 10, 2014 11:14 CET
Daimler CEO Dieter Zetsche is poised to have his contract extended beyond 2016 as current product momentum and improving profits work in his favor, senior company sources said.... Read More »

 

EDITORIAL

Why dealership succession plans matter so much

12:01 am U.S. ET | Jan. 27, 2014
Blue sky values are high for now. So it's time for dealer principals, especially in family-owned businesses, to assess the long-term health of their operations. The desire to pass along a healthy business to the next generation is powerful. But that makes succession planning and training even more essential.... Read More »

 

NADA PREVIEW: SUCCESSION STRATEGIES

Planning ahead is key to keeping the business in the family, experts say

12:01 am U.S. ET | Jan. 20, 2014
Without proper succession planning, a dealer could leave behind a legacy of litigation and failed business and family relationships. That's why many experts agree dealers should start succession planning when they are in their late 40s or early 50s. A dealer who does a proper job of succession planning, including training a successor, can ease into retirement while maintaining a good standard of living.... Read More »

 

Mulally-Microsoft buzz seen as overshadowing Ford vehicle introductions in busy 2014

6:29 am U.S. ET | Dec. 16, 2013
Alan Mulally's candidacy for the top job at Microsoft threatens to overshadow vehicle introductions at Ford and raises the risk of internal strife among his deputies at the automaker.... Read More »

 

Akerson wants next GM CEO to be risk taker, 'change agent'

Nov. 15, 2013 06:01 CET
General Motors CEO Dan Akerson told Automotive News that his successor should be a "change agent" who can guard against any complacency that could allow the automaker to slip back into bad habits.... Read More »

 

Akerson wants next GM CEO to be risk taker, 'change agent'

2:48 pm U.S. ET | Nov. 14, 2013
General Motors CEO Dan Akerson believes his successor should be a "change agent" who can guard against any complacency that could allow the automaker to slip back into bad habits, he said during an interview this week. "There's no prototypical CEO," Akerson told Automotive News. Akerson, 65, didn't comment on a timetable for his departure.... Read More »

 

GM CEO Akerson could exit in 2014; no formal search yet, Reuters says

Nov. 14, 2013 10:33 CET
General Motors CEO Dan Akerson could step down as early as next year though he has not formally notified the board of his plans and an official search for his successor has not yet begun, people close to the matter told Reuters.... Read More »

 

Ford board to discuss Mulally's plans this week as Microsoft searches, report says

Oct. 6, 2013 20:49 CET
Ford directors gathering this week are likely to discuss the future plans of CEO Alan Mulally, who is being considered for the top job at Microsoft, according to a person familiar with the board's thinking.... Read More »

 

Ford directors to discuss CEO plans as Microsoft searches, report says

2:49 pm U.S. ET | Oct. 6, 2013
Ford directors gathering this week are likely to discuss the future plans of CEO Alan Mulally, who is being considered for the top job at Microsoft, according to a person familiar with the board's thinking.... Read More »

 

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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, struggled to find good used cars. So it started providing free appraisals to service customers and offered to buy their vehicles on the spot. Mon., April 14
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