Former General Motors Chairman and CEO Dan Akerson now knows what he didn’t know then: the automaker’s cultural problems ran deeper than he realized when signed on in 2009.
Appointed by the Obama Administration to the automaker’s board and later taking over as CEO in 2010, Akerson told the Detroit News that recent recall crisis shows him that the problems with the company’s culture were worse than he imagined.
“I think we all — including the new and the old part of the management team — didn’t fully realize how deep some of the problems ran,” said Akerson. “I think we built a good foundation. I think the company needed a lot of change, and I said a lot of that culture wasn’t where we wanted it to be.” (more…)