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Posts Tagged ‘GM’s Barra’

Barra Defends Maker’s Use of Capital

CEO says GM investing, restructuring to get best returns.

by on May.05, 2015

GM CEO Mary Barra defended the company's use of capital after celebrating the production of the 500-millionth vehicle.

General Motors Chief Executive Mary Barra Monday defended GM’s use of capital during a meeting with reporters this week in Fairfax, Kansas.

Barra said GM is intent on covering the cost of capital and has taken steps to restructure or closed businesses that have not generated an adequate return on the investment.

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GM shut down its manufacturing operations in Australia and significantly restructured operations in Thailand, Indonesia and Russia where it recently pulled out of a venture in St Petersburg precisely because GM could not make an adequate return on invested capital, said Barra. (more…)

GM’s Barra Tells Graduates to Work Hard, Be Fair

CEO says future leaders must be proactive problem solvers.

by on May.05, 2014

General Motors CEO Mary Barra delivered the University of Michigan's spring commencement address over the weekend.

True to her blue-collar roots, General Motors Chief Executive Officer Mary Barra told nearly 10,000 undergraduates from the University of Michigan that hard work can trump talent and encouraged them to remain optimistic about the future.

Barra gave the commencement speech at U-M this past weekend providing the soon-to-be graduates with several pieces of advice.

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“Never underestimate the effect that you can have on others in actions large and small,” noted Barra, the first woman to serve as GM’s CEO. Last week, Barra was named one of the 100 “Most Influential” Americans by Time magazine. (more…)

GM’s Mary Barra Takes Crown on Most Powerful Women List

Magazine picks two other GM execs for top five spots.

by on Nov.27, 2013

GM EVP Mary Barra topped Fortune's list of the Most Powerful Women in the auto industry this year.

With Christmas around the corner, putting together lists becomes a priority for some and when it comes to the most powerful women in the automotive industry, there’s a list for that too: General Motors’ Mary Barra tops it.

Barra, executive vice president of global product development and global purchasing and supply chain, captured the No. 1 position on Fortune magazine’s Most Powerful Women in the auto industry list. Barra is considered a potential successor to GM CEO Dan Akerson.

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While being considered for the top dog spot at GM certainly gave her plenty of cache, the remainder of the list is a mix of engineers, communications and marketing executives with a CEO of a supplier and a race car driver mixed in for good measure. (more…)