GM's Mary Barra to Become Company's First Female CEO

GM’s Mary Barra to Become Company’s First Female CEO (Detroit Free Press)

General Motors (GM) became the first major auto maker to name a woman as its CEO with today’s announcement that Senior Vice President for Product Development Mary Barra will succeed current CEO Dan Akerson when he retires. Barra, 51, is a GM insider who joined the company in 1980 and handled a wide variety of posts. She will emerge as one of the world’s most powerful and visible business leaders. Akerson, 65, moved up his timeline to retire by several months after discovering that his wife, Karin, has advanced stage cancer. He intends to step down Jan. 15. Check out Eagle Daily Investor for further details about this appointment and other key executive changes at GM.