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Barra Leads GM Trip Exploring Growth in India

Maker searching for ways to avoid pitfalls.

by on Sep.12, 2014

General Motors CEO Mary Barra and GM India Managing Director Arvind Saxena roll out the first Chevrolet Beat for export from the GM Talegaon manufacturing facility in India.

For the world’s automakers, India is a land of unlimited potential. It has a large, well-educated and growing middle-class with an entrepreneurial tradition and a dynamic culture that has spread its influence around the world.

General Motors certainly is no exception when it comes to its interest in India. In fact, Mary Barra, GM’s CEO, and several board members traveled to the country to gain more insight into how the automaker can avoid the pitfalls other automakers have experienced.

We Stretch Your Horizons!

The auto industry in India has been hobbled by seeming intractable infrastructure problems that have limited the attraction of automobiles despite the rising incomes from India’s proficient tech culture. (more…)

Is 13 a Lucky Number for GM’s Board?

With a lot of help from the U.S. Treasury, General Motors Company has a new governance structure.

by on Jul.23, 2009

Over to you Fritz, if the government actually lets you run the company.

Over to you Fritz, if the government actually lets you run the company.

The reorganization of General Motors finally caught up with the speed of its bankruptcy sale two weeks ago when the final appointments to its U.S. Government  vetted  Board of Directors  were announced this afternoon and most its new executive committee were  named.

The Executive committee will run the recovering company, and it replaces two previous boards, the Automotive Strategy Board and Automotive Product Board. Led by GM Company CEO Fritz Henderson, executive committee membership includes:

  • Bob Lutz, vice chairman, marketing and communications;
  • Tom Stephens, vice chairman, global product development;
  • Nick Reilly, executive vice president, GM International Operations;
  • Ray Young, executive vice president, chief financial officer;
  • Tim Lee, group vice president, global manufacturing and labor relations;
  • John Smith, group vice president, corporate planning and alliances, and secretary of the executive committee;
  • Mark LaNeve, vice president, U.S. sales;
  • Bob Socia, vice president, global purchasing and supply chain.
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“With these announcements, most of the new GM leadership team is in place,” Henderson said in a statement. “We expect to have the final round of announcements next week.”

At least six senior executives are retiring including Jonathan Browning, Troy Clarke, Gary Cowger, Michael Grimaldi, Maureen Kempston Darkes and Ralph Szygenda. More retirements are expected as the  company continues to pare its bloated executive ranks.

As Henderson previously noted, when announcing that senior management ranks would be trimmed by 35%, by year’s end, “We have a lot of good executives.  We just have too many of them.”