RickWagoner

We can't be sure if he plays the Matthew Wilder original or P. Diddy's version, but we imagine Rick Wagoner waking up every morning to "Ain't nobody gonna break my stride, ain't nobody gonna slow me down, oh no...." In addition to his seat on the board of the Washington Post, Wagoner's been voted ...

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 ...

It looks like General Motors is going to announce that Lordstown will be getting a third shift. Lordstown, Ohio is the plant where GM is going to be building its new compact Chevrolet Cruze, and apparently they think the demand ...

Steve Rattner is a man we admire but do not envy. Rattner, a former Wall Street banking type with zero experience in the automotive or manufacturing world, was tasked by President Obama with guiding General Motors and Chrysler through their restructuring efforts. Not a small job, by any means. Or ...

When Rick Wagoner was forced out of his position as the CEO of General Motors last March, he left with a severance plan that included $22 million paid out over the course of a few years, plus a yearly pension. Just a few months later, The Los Angeles Times is reporting that Mr. Wagoner has worked ...

With General Motors in bankruptcy, it was only a matter of time before pensions came under scrutiny. The Detroit News is reporting that GM CEO Fritz Henderson has confirmed that executive pensions beyond $100,000 per year will be cut by two-thirds. Recently defenestrated boss Rick Wagoner will ...

Bill Ford, Jr., executive chairman of the Ford Motor Company, admits he was surprised at former General Motors CEO Rick Wagoner being asked to step down by the Obama administration. Even as Ford applauded the White House, saying "One of the things we've never had in the past is an administration ...

Michael Moore, long a critic of General Motors, is calling Rick Wagoner's ousting a "superhero move" from President Obama, one that puts corporate America on watch. The truth, as usual, lies in the middle of the extremes, but Moore has long been critical of the Automotive Industrial Complex and its ...

WHY OBAMA AXED WAGONER Rick Wagoner is no longer CEO of General Motors for two reasons. First, he failed to come up with a plan that satisfied the government that GM would be viable going forward. Two, President Obama needed political cover before he poured more money into the auto industry, a ...

Now that Rick Wagoner is out of a job, he's eligible to start receiving retirement benefits from his former employer of 32 years. Though having received over $63 million in salary since becoming a General Motors executive in 1992, Wagoner is eligible for a "Salaried Retirement Plan" and "Executive ...