• Dec 8, 2009
Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop in. Now, The Wall Street Journal is reporting that GM has chosen Spencer Stuart to assist it in locating a permanent CEO to take up the position from Whitacre.
GM's list of requirements makes it clear they're looking for someone bionic, having "extensive global, manufacturing and turnaround experience." The new person should also have solid credentials working with Asia, since GM believes it will move more metal over there than in the U.S. next year, and the prospective bigwig doesn't need to come from within the auto industry'sranks.

No national preference has been put forth for the new CEO, only that he or she be "global minded." Perhaps the most important proven attribute they can bring: the ability to restore morale. It's an impressive list, but that's frankly the kind of CEO we would expect GM to require anyway, regardless of its economic and market position. And it does kind of make us wonder if Alan Mulally could simultaneously run two carmakers...

[Source: The Wall Street Journal]


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    • 1 Second Ago
  • 22 Comments
      • 5 Years Ago
      How about Sarah Palin, at least that would shut her up politically.

      What an ad though! "Hi, I'm Sarah Palin the new CEO of GM, I don't have any experience with this, but we've got some nice cars!" Would I buy one? You betcha! (wink, wink) And for all you other MILFS out there, hey girls a new vette would make ya look younger!

      Wink, wink, you betcha!
      • 5 Years Ago
      "someone bionic"

      Like the Bionic Commando?
        • 5 Years Ago
        *if*

        I give up. Nice edit features....
        • 5 Years Ago
        Here's mine:

        Sarah Henderson.

        The Stig.

        Shamwow Guy.
        • 5 Years Ago
        They can only be considered they where their pants commando-style. The bionic part is optional.

        Pls feel free to add other, unfunny nonsense below.
        • 5 Years Ago
        I was seriously just about to suggest we dig up Soichiro Honda and stick his brain into ASIMO...
        • 5 Years Ago
        I am guessing it was half and half between John Krafcik (US CEO) and Chung Mong-Koo (Korea CEO), they both worked relentlessly to accelerate Hyundai's Postition since taking over managment of the company in turn of the decade. Either one would be fine, as long as Chung is able to speak English well. :D
        • 5 Years Ago
        Steve Jobs
        • 5 Years Ago
        @Sea Urchin

        Steve Jobs? ROFL, your a tool.
        • 5 Years Ago
        I am not even kidding here, how about that guy from Hyundai? He turned a small-medium sized cheap, crappy vehicle selling company in to a global mass (4th in the World now Behind GM Toyota Volkswagen) quality (Number 1 in initial quailty of non-luxury motors) AND fuel effiency leader (Number 1 by EPA) in less than a decade making 40,000 Dollar Genesises and 60,000 Dollar Equuses. I mean if you want to talk about success in the auto industry, there's no second for this magnitutde.
        • 5 Years Ago
        "We can rebuild him. We have the technology...."
        • 5 Years Ago
        @ Vizel

        The question is where did the leadership come from, Korea or USA?
      • 5 Years Ago
      ME! Not that I would do well, but I can't do much worse.
      • 5 Years Ago
      I'd like to nominate myself for CEO of GM. Some fresh blood with new ideas could turn that company around. I'm convinced I could do a better job than they are already doing.
      • 5 Years Ago
      Will the Pay Czar allow the new CEO to be compensated properly?
        Christopher
        • 5 Years Ago
        salary of 500K, anything more would be in stocks. which must be held for a long period of time. no golden parachute to be allowed, so something like the $210million dollar kick in the ass that bob nardelli got from the home depot would be out of the question
      • 5 Years Ago
      just take some bum off the street. they'll never regret it..
      • 5 Years Ago
      Wonder who they will eventually find.
      • 5 Years Ago
      Bob Stempel.
      • 5 Years Ago
      "Able to restore morale"?
      What a joke.
      I was in Bloomfield Hills this weekend and even down there looks depressing.
      Downtown Detroit is just sad.
      And the events this week detailing that POS Kwame Kilpatrick is just depressing and embarrassing.
      I can't imagine what anyone that could get a job like that would want to live near or be associated with Detroit.
      I can't wait until I am gone from this state.
      Run by retards.
        • 5 Years Ago
        And we cannot wait to be rid of you. :-)
        • 5 Years Ago
        It's simple. . . undo what the truck guys did in 01. Add a luxury small car with a turbo echotech teamed with a 6 speed, opt a diesel. Make it in a coupe , sedan , hatchback and convertible. One name plate.
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