New GM CEO Akerson to keep the automaker on the same, new course

Article by Christian A., on August 27, 2010

On September 1, Daniel Akerson will take over the General Motors' CEO position from Ed Whitacre. However, in naming telecom executive Daniel Akerson, GM directors are expectant that the carmaker will remain on the same course a year after it emerged from bankruptcy. Akerson, who is an outside director at GM since July 2009, will be the fourth CEO at GM in 18 months.

As the second straight outsider, Akerson is expected to use an outsider's zeal for change and results, without being limited by the fear of shaking things up. Akerson had told Forbes magazine sometime ago that he wants "turmoil" and "excitement." 

According to the Wall Street Journal, Akerson is a "blunt-spoken, aggressive competitor." In the early 1990s, Akerson was being treated for a gall bladder ailment in Germany.

He became so impatient that the doctors weren't moving quickly enough and so, he pulled the tubes out of his arm, checked himself out of the hospital and went back to the US.

Akerson, who is an engineering graduate of the US Naval Academy, said that he doesn't anticipate major revisions in Whitacre's strategy or approach.

In a conference call, Akerson told reporters that they "share a common vision for the goals and objectives of this company." He said that the new GM is headed for "remarkable opportunities" and that he is "honored to lead the company through this next chapter."

In Whitacre's direction, the management ranks and layers were thinned, with executives getting more authority to hasten decision-making. Whitacre also prioritized building GM's core brands to accelerate sales growth and rise above lingering taxpayer concerns about the government bailout. [via autonews]

Topics: gm, ceo, dan akerson

If you liked the article, share on:

Comments

Recommended

In the automotive industry, most brands will do what they can to expand their offerings to be present in every potential niche there is. The goal is clearly to increase...
by - April 30, 2017
Just days after unveiling the refreshed 2018 Toyota Yaris hatchback to the North American public at the 2017 New York Auto Show, the Japanese company is now disclosing how much...
by - April 30, 2017
The next generation Volvo XC60 will be soon on its way to dealerships and customers as the Swedish carmaker has already commenced production of the mid-sized sports utility vehicle at...
by - April 30, 2017
In September 27, 2016, Porsche initially filed for a patent that is the “Unique Active Rear Diffuser”. And earlier this week, on April 27, 2017, the United States Patent and...
by - April 29, 2017
The Insurance Institute for Highway Safety (IIHS) has given its Top Safety Pick+ award to the redesigned version of the 2017 Kia Cadenza. This was a result of excellent a...
by - April 29, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries