board of directors

Toyota is in the process of reevaluating the structure of its highest level of management. Eight years ago there were 58 board members running the show before Toyota cut the group down to 27. Now Toyota is planning to reduce its board further by dropping its membership to 17. After a 2010 filled ...

Sergio Marchionne is one of the busiest people in the business. Or any business, for that matter. After comprehensively restructuring his empire – what amounts to nearly the entire Italian automobile industry and then ...

The new Chrysler Group, LLC is out of bankruptcy, in bed with the Italians and the U.S. Government, and now it has a complete board of directors. Chrysler is forging ahead with a fresh group of board members, including former governors, Fiat royalty, and some people you've probably never heard ...

According to the Detroit Free Press, General Motors interim chairman, Kent Kresa, has been asked by president Obama's administration to replenish the automaker's board with fresh blood. Kresa said that while the board did achieve "historic things" recently, like renegotiating the UAW pay scale, he ...

Looking to further tighten up its hammerlock on General Motors, the UAW would reportedly like a seat on the automaker's board as a reward for helping it garner federal dollars. Marc McQuillen, president of UAW Local 2404 in Charlotte, North Carolina, has posted on his group's website that the ...

Porsche has been in the news quite a bit over the past few weeks. While one hand is embroiled in an emissions tax battle with the Mayor of London, the other hand is slowly scooping up shares of Volkswagen.In related news, Porsche Chairman Wolfgang Porsche was nominated today to the Volkswagen ...

The supervisory board of Volkswagen Group just gave approval for Porsche AG to take a majority stake in the people's automaker. Porsche currently owns 31% of Volkswagen, and this move will ultimately increase that share to 51%. The increase in ownership is estimated to cost Porsche upwards of $20 ...

Jim Press, the man at the helm of Toyota Motor North America, is set to become the first non-Japanese member of Toyota's board of directors. He is currently a managing officer of the company, but when promoted the title on his desk will read "Senior Managing Director". That desk will be shipped to ...