General Motors, one of the largest car manufacturers in the world and the owner of companies like Chevrolet, announced today that Dan Akerson, who guided today’s GM to record profits and ended government ownership in the company, will step down as chairman and CEO on the 15th of January, 2014. His place will be taken by Mary Barra, the current Executive Vice President of Global Product Development, Purchasing and Supply Chain.
Barra was elected by the Board of Directors to become the next CEO of the company and will also join the Board of Directors at GM. With 33 years of experience at General Motors, Barra has risen through a series of manufacturing, engineering, and senior staff positions. She is a leader in the company’s ongoing turnaround, revamping GM’s product development process resulting in the launch of new products while delivering record product quality ratings and higher customer satisfaction.
Commenting on the occasion, Mary Barra said, “With an amazing portfolio of cars and trucks and the strongest financial performance in our recent history, this is an exciting time at today’s GM. I’m honoured to lead the best team in the business and to keep our momentum at full speed.”