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0ETC: Graduates! The CEO of GM has some wisdom to share 1369092600
Universities are right now trotting out Grade-A commencement speakers to motivate this year's graduating class of collegiates to change the world, or at least vacate their parents' property before the age of 30. Some of the most inspiring commencement speeches of all time include the one Steve ...
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Report: GM stock prices finally eclipse $33 IPO price 1368811680
General Motors has reached an important milestone this morning: the price for one share of the company has climbed to over $33. That's higher than the Initial Public Offering price from 2010. At roughly 12:15PM Eastern today, GM shares were up $0.97 on the day, some 2.99 percent, for a total of ...
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Report: Would you allow advertisements on your infotainment system? [w/poll] 1368284460
As consumers find new ways to avoid commercials and advertisements, companies are constantly trying to find new ways of marketing to them. Other than radio commercials, it's hard to think of a way for ads to show up in our cars, but Reuters is reporting that General Motors is considering selling ...
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Report: US Treasury denies pay hikes for GM, Ally execs 1367249400
In December, the US Treasury granted General Motors the rights for the company to once again buy corporate jets and for its executives to fly on them, but neither those execs nor the ones at Ally Financial will get any raises this year. The automaker, worried that top talent might leave for ...
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Report: GM alters Akerson's pay mix because he may retire 1367168520
General Motors has tweaked CEO Dan Akerson's pay mix to compensate for the possibility that the 64-year-old executive may retire before his long-term restricted stock vests in three years. Last year, Akerson saw his pay jump by 44 percent to $11.1 million, including $1.99 million in restricted ...
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Video: GM's Akerson mulling South Korea exit options due to North Korean tensions [w/video] 1365111000
Dan Akerson, CEO of General Motors, says his company is making contingency plans to move workers from South Korea should tensions escalate further between that country and North Korea. While speaking in an interview on CNBC's Squawk Box, Akerson said, "We are making contingency plans for the ...
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Report: VW, Daimler CEOs take pay cuts in 2013, GM's Akerson stays the course 1361980680
Amidst slow auto sales in Europe, top executives at both Volkswagen and Daimler AG will be receiving pay cuts in 2013, which comes at the same time as conflicting reports of a possible pay increase for General Motors CEO Dan Akerson (right). According to Automotive News Europe, VW CEO Martin ...
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Official: GM nets income of $4.9B in 2012, down from $7.9B in 2011 1360884600
General Motors released a statement about its income for the 2012 calendar year today, reporting a net income of $4.9 billion and an earnings before interest and tax (EBIT) figure of some $7.9 billion. Per share that breaks down to $2.92, versus net income of $4.58 per share last year. These ...
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Report: Read an excerpt from Whitacre's book about how he fired Henderson and why Akerson got the job 1359060300
It is probably best just to play this down the middle and let you read the excerpt from American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA by Ed Whitacre. The author, you'll remember, was the former AT&T CEO who came out of retirement to take the position of ...
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Auctions: GM CEO Dan Akerson's 1958 Chevrolet Corvette sells at Barrett-Jackson for $270,000 [w/video] 1358558940
General Motors CEO Dan Akerson has said his final goodbye to his own personal 1958 Chevrolet Corvette. The car just sold here at the 2013 Barrett-Jackson auction in Scottsdale, with a final gavel price of $270,000 – since 100 percent of the sale price is slated to benefit Habitat for ...

