Former CEO Dan Akerson says problems at GM are worse than expected

Article by Andrew Christian, on July 31, 2014

Dan Akerson, former chief executive of General Motors, remarked in an interview with The Detroit News that the delayed ignition switch recall indicates a flawed corporate culture worse than he and other executives had originally recognized. Akerson said in the interview that GM needed a lot of change, adding that lot of “that culture wasn’t where we wanted it to be.”

Akerson remarked that the faulty ignition switch tied to 54 crashes and 13 deaths, was a “clarion call” for a values shift within the carmaker. He said that he thinks the new and the old part of the management team failed to fully realize “how deep some of the problems ran.”

Akerson exited from his coveted post as GM’s CEO in January to care for his wife who has cancer. Before becoming GM’s top honcho, Akerson was a managing director at Carlyle Group. He was then appointed by United States Treasury to GM’s board in 2009.

A year later, he was named as the carmaker’s CEO. Akerson told the News that the US Congress may have provided him more of the benefit of the doubt if he was still at GM’s CEO when the carmaker issued the ignition switch recall, since he was an outsider.

He said that he thought current CEO Mary Barra got treated a bit unfairly since she has been with GM for 30 years, which means she could have changed things. Akerson himself was called by the US Congress during probe of the Chevrolet Volt in 2012 over battery fires.

He was known for dismissing some executives due to ethical reasons during his tenure. Akerson quipped that if he were to testify for the ignition switch recall, he would have told the Congress, “I’ve had a raft of problems every year, and we addressed them straight up and don’t blink and we try to solve them.” [source: DetroitNews.com]

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

You may also be interested

Iti mai recomandam

People in general have this certain fascination for all things “super”. Some of these have made it to headlines such as supermodels, action-packed movies featuring our favorite superheroes, and then...
by - August 23, 2016
For almost a century, Bentley has been one of the leading luxury motorcar manufacturers. It has always prided itself for producing hand-built luxury vehicles that have been given a lot...
by - August 16, 2016
Recently, Aston Martin unveiled their newest hypercar the Aston Martin AM-RB 001 – a mishmash of cutting-edge F1 technology and a design that screams Aston Martin. In collaboration with Red...
by - August 15, 2016
Lamborghini is known to be the creator of some of the world’s most extravagant supercars. This is evident in both its inner workings and its external features. Lamborghinis are designed...
by - August 12, 2016
The Bugatti Chiron has made a name for itself after having debuted at this year’s Geneva Auto Show. The French manufacturer has been in the limelight ever since introducing this...
by - August 10, 2016