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]