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rickwagoner

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    Wagoner keeping busy, elected to aluminum recycler's board
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    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 ...

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    Rick Wagoner lands a seat on Washington Post board
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    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 ...

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    Report: GM adding extra shift at Lordstown to meet expected Cruze demand *UPDATE
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    2011 Chevrolet Cruze – Click above for high-res image gallery
    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 ...

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    Rattner recounts auto bailout, was "shocked" and "stunned" at condition of GM, Chrysler
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    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 ...

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    REPORT: Wagoner gets $8.2M severance + $74,030 annually w/benefits... for life
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    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 ...

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    REPORT: GM cutting executive pensions, ex-CEO Wagoner to get pinched the most
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    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 ...

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    REPORT: Bill Ford, Jr. "shocked" at Wagoner's ousting
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    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 ...

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    Michael Moore: "The Commander in Chief of the Free World is now Mr. Goodwrench"
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    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 ...

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    Why Obama Axed Wagoner - Autoline on Autoblog with John McElroy
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    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 move which is strongly ...

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    Wagoner retirement package worth $20.2 million
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    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 ...

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    BREAKING: GM CEO Wagoner out at Obama's request
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    Tom Krisher of the Associated Press reports that General Motors CEO Rick Wagoner will step down from his post immediately, based on information given to him from an unnamed source. The news comes on the eve of President Obama's expected announcement of a deadline for General Motors and Chrysler to ...

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    Wagoner: Gas tax hike is "worthy of consideration"
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    Count General Motors' CEO Rick Wagoner as one proponent for a raise in the federal gas tax. While the idea seems like political suicide for any legislator willing to jump on board, hiking the gas tax up so that a gallon of gas hovers around the $4.00 mark could have a few desirable effects, notably ...

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    GM gets its $4 billion, Chrysler still waiting
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    On Monday, December 29, Chrysler and General Motors were supposed to get the first installments of its allotted funds from the $17.4 billion dollar bridge loans. On Wednesday, GM got it's $4 billion. Chrysler, on the other hand, is still "finalizing the details of our financial assistance." The ...

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    Ironic or appropriate? Wagoner up for "Michiganian of the Year"
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    Depending on your point of view, General Motors CEO Rick Wagoner could either be considered a Godsend or a pariah that represents all that's currently wrong with the country. Of course, we're referring mainly to the automotive bailout that the CEO helped (or hindered, again depending on your ...

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    Would Ghosn be the best choice to lead GM?
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    Calls for the replacement of Rick Wagoner at General Motors raise an intriguing question: who would be the best choice to take the reigns of America's largest automaker if Wagoner were ousted? Some would point directly to GM COO Fritz Henderson, but we're not so sure that Washington would go along ...

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    Bob Lutz would fall on sword for Wagoner
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    Bob Lutz has been eerily silent of late. One would expect the Vice Chairman of General Motors might have something to say about the recent trips taken by GM, Ford and Chrysler to Congress, but he left the talking to his boss, CEO Rick Wagoner. When it comes to members of Congress suggesting Wagoner ...

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    Chris Dodd says Wagoner should "move on"
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    He may have gotten his money, but it looks like General Motors CEO Rick Wagoner didn't make any friends in Washington during the process. Over the weekend, Senator Chris Dodd (D-Connecticut) remarked on CBS' Face the Nation that the vertically gifted CEO should "move on". He did not specify, ...

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    One down, one to go: Detroit 3 CEOs begin House testimony
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    Having watched each of the Detroit 3 CEOs take tough questions from the Senate Banking Committee for six hours yesterday, we've returned to the couch today to watch General Motors CEO Rick Wagoner, Ford CEO Alan Mulally, Chrysler CEO Bob Nardelli and Ron Gettelfinger, President of the United Auto ...

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    Wagoner arrives for Senate hearing in Volt mule
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    General Motors CEO Rick Wagoner has arrived in Washington to deliver testimony at Senate hearings scheduled for today and tomorrow, and as we reported late yesterday, his transportation this time was not a private jet, but rather a series hybrid Chevy Volt mule in the body of a Chevy Cruze. Ford ...

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    Wagoner now driving Volt mule to Congress
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    Click above for our high-res 2011 Chevrolet Volt gallery
    General Motors CEO Rick Wagoner will be taking advantage of the media circus surrounding his drive from Detroit to Washington D.C. tomorrow. As it seems every press outlet will be covering the roadtrip adventures of the three Detroit ...

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