Report: GM's Akerson has retirement on his mind

General Motors (GM) CEO Dan Akerson could retire next year, according to sources.

The exec hasn't notified the board officially, although a change in his compensation plan earlier this year tipped off that he planned to step down within a three-year window.

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Comments (2)
  • themacguy521
    , contributor
    Comments (174) | Send Message
    Good! The sooner the better.


    Quote: “A Private Equity refugee who sauntered through what can only be described as a morbidly mediocre career in corporate America, this guy is simply the wrong guy at the wrong time at the wrong company. And the fact that we have to endure GM PR’s manipulation of some lesser lights in the media (you know who you are) for at least another six months while it attempts to paint an extraordinarily fanciful picture of this guy – a churlish, unctuous prick of a man who loathes the industry and everyone in it with every fiber of his being – is sickening and beyond the pale.”



    Long GM.
    14 Nov 2013, 09:26 AM Reply Like
  • Capt Jack Daniels
    , contributor
    Comments (1466) | Send Message
    Is that why the stock popped ?


    If Gm had / has any sense they would go after the departing CEO of Ford.


    Let me guess, the government sells the last of its share in Gm, than GM goes nuts in over-paying their management, Akerson walks away with a golden coffin of a compensation deal. Union guys decide to strike, company starts to give in to employee demands, soon it will be path on a path to another bankruptcy.
    14 Nov 2013, 12:08 PM Reply Like
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