General Motors names Tim Solso as non-executive chairman

Article by Anita Panait, on January 2, 2014

Tim Solso will be the incoming non-executive chairman of General Motors starting January 15, 2014. The position will be somewhat relatively new for GM, since it has not had a non-executive chairman in almost 20 years. Solso's appointment didn't come as surprise for those who know him, especially those who were with him at Cummins Inc., where he became its chief executive in 2001.

To solve Cummins' problems, Solso terminated one of the company's two US heavy-duty engine platforms under development, even though the company had already spent almost three years and tens of millions of dollars on it. Jean Blackwell, who was then a vice president at Cummins, remarked that the move was decisive one since an engine platform is considered a sacred cow.

Blackwell added that Solso was able to create the right cost structure at Cummins. The situation at the engine maker was similar to post-bankruptcy GM, which had to do away with a bloated cost structure and refocus its efforts on the customer.

GM's board sees Solso as a steady hand that will complement capable yet still green new leaders, two people familiar with the directors' thinking told Automotive News. Solso's term starts along with incoming GM CEO Mary Barra and incoming president Dan Amman. Former colleagues say Solso, is more of a visionary than hands-on, adding that he is straightforward but lacks the elegance and smooth talk of most CEOs. [source: General Motors]

If you liked the article, share on:

Topics: gm

Comments

Recommended

Dubai is one of the few countries where expensive cars are the norm, many of which are specially modified as well. And this just in: Bentley has debuted the new...
by - November 21, 2017
The 2018 Jaguar XEL with its stretched-out wheelbase and longer doors is the newest addition to the growing list of premium sedans in China---joining the ranks of Mercedes-Benz C-Class L,...
by - November 21, 2017
Honda this week announced that its all-new 2018 Clarity Plug-in Hybrid will arrive at US dealerships with a starting price of $33,400 beginning on the first of December. Because the...
by - November 21, 2017
Lamborghini had been expected to refresh its entry-level model – the Lamborghini Huracan – in late 2018 or early 2019. But here is some good news for fans of the...
by - November 20, 2017
The Chevrolet Corvette will be turning 65 years old in 2018, and as part of the celebrations, the brand is introducing a special edition C7 – the Chevrolet Corvette Carbon...
by - November 19, 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