• Jun 11th 2010 at 9:31AM
  • 24
Wondering what has come of Rick Wagoner since he was jettisoned from General Motors prior to the company's historic bankruptcy? The former Duke basketball player has stayed far away from the spotlight over the past year, but that hiatus ends effective immediately. Automotive News reports that Wagoner has accepted a spot on the board of directors of the Washington Post. Wagoner is the 11th member of the board, which also includes the extremely rich and extremely powerful Warren Buffet and Melinda Gates, wife of Microsoft founder Bill Gates.

The Washington Post is like many other publishing empires that are struggling to keep subscribers in an increasingly digital world. The D.C. daily has fared better than many other papers, though it is reportedly exploring the sale of its once wildly popular and influential Newsweek magazine. Who knows, perhaps The Post is looking to draw from Wagoner's experience in a struggling industry to help the paper navigate through tough times.

[Source: Automotive News – sub. req. I Image: Bill Pugliano/Getty]

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    • 1 Second Ago
      • 5 Years Ago
      "The Washington Post is like many other _liberal_ publishing empires that are struggling to keep subscribers in an increasingly digital world."

      There, I fixed that for you.

      WSJ and other publishers that stick to reporting the facts* are doing great, thank you.

      (* I meant what I said: "reporting". The editorial section is free domain for any owner, but when it seeps into the other pages ala WaPo, NYT, LAT, etc. eventually the only readers you have left are the suckers)
        • 5 Years Ago
        NYT doesn't know what the word reporter even means. All they do is opinions, from first page to last page. I have read anti war article in the Sports section once, that's when i finally canceled it.
      • 5 Years Ago
      Sweet! Now he can run the Post into the ground...
      • 5 Years Ago
      Maybe he should run for congress.
      • 5 Years Ago
      Well at least he will be able to pay for his kids college now.

      • 5 Years Ago
      "Wondering what has come of Rick Wagoner...?" "http://www.thinkgeek.com/tshirts-apparel/unisex/generic/8753/ , not really."
      (a little interactive humor for you all this Friday. Cheers Everyone!!)
      • 5 Years Ago
      Maybe they're hoping the government will boot him out and fund the Post using tax dollars.

      I guess they could draw from his experience on how to not run a company into the ground.

      Board member: ' Rick, did you try this approach at GM?'

      Rick: ' Yeah.'

      Board member: ' That settles it, this would be a bad idea. Anybody got any suggestions?'

      • 5 Years Ago
      In my college business classes, I teach Wagoner as a case study in monumental, criminal stupidity! Isn't a CEO's primary job to oversee strategic planning? He utterly failed! Let's see, for years, GM's profit came primarily from gas-guzzlers. I've been reading about "peak oil" for almost a decade in the business press. Any idiot can connect the dots. He failed. His monumental failure destroyed a massive company and negatively affected the lives of millions. He needs to be in jail! He is either a complete moron or a psychopath.
      • 5 Years Ago
      Besides being the captain of the GM Titanic, what could he possibly be qualified for? Maybe Obama's "CarCzar"?
      • 5 Years Ago
      I am sure Rick is a very likeable fellow. Just keep him away from the business page.
      • 5 Years Ago
      The Washington Post will now be printed in red ink.
      • 5 Years Ago
      Glad to hear the Rickster is still alive and kicking.
      • 5 Years Ago
      What the heck is he doing in that picture.

      I hope he is illustrating a fishing trip and the one that got away -- and not something else.
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