Report: New GM CEO shopping for house in Detroit
But while Akerson is planning on staying at GM for a bit longer than Whitacre, the new boss will reportedly only reside over the company for two to four years. After The General's IPO is complete and the company is solidly profitable, GM is likely to pick a replacement candidate from within the organization. In the meantime, someone needs to tell Akerson that the roads in Detroit are horrible, because otherwise he may think there is something wrong with the suspension on his Cadillac.
[Source: Detroit Free Press]
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