GM's New CEO Pushes for Results |
| Wall Street Journal - Aug 12, 2010 |
Daniel Akerson, named Thursday to replace Edward E. Whitacre Jr. as General Motors Co.'s chief executive, is known for his no-nonsense management style and deep finance background, but he has no experience running a car maker.
Colleagues and friends say the 61-year-old Mr. Akerson is a hard-driven operator who will shake up GM's sometimes staid culture and push the company toward sustained profitability.
Edward Breen, CEO of Tyco International Ltd., was one of Mr. Akerson's lieutenants at General Instrument Corp., a cable TV equipment company that Mr. Akerson ran in the 1990s. Mr. Akerson "is a very decisive leader,'' who doesn't fear making hard decisions, Mr. Breen said in an interview. "If you're not carrying your weight, Dan can be tough.''
"He's a no B.S. kind of guy, just like Whitacre,'' said Steven Rattner, former head of the White House auto task force, who supported Mr. Akerson's appointment to the GM board last year. "His whole operating style is the antithesis of the old GM. It is hard for me to imagine a better choice."
Read Full Article from Wall Street Journal
- Posted: 2010-08-12 21:25:25
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