- Jun 19, 2009
Stephen Girsky snags UAW-VEBA seat on new GM board
It has been announced that Girsky will get a seat on the board of the new General Motors to represent the UAW, whom Girsky helped with the dead-end GM/Chrysler deal last fall. Having at least one person upstairs at the RenCen who actually keeps an eye on the car business is a good thing, even if Girsky has professed his admiration for the way Ford does things in the past. OEM Supplier Dana Corporation also pays Girsky over $100,000 per year to sit on that company's board. The GM board seat comes in exchange for the concessions that retirees have made in an attempt to keep the wounded, lumbering mammoth that is General Motors from fossilization.
[Source: Automotive News - sub. req'd]