GM directors rubbished the rumors of Akerson's retirement
|   Wednesday, June 13, 2012
The latest auto news with the happening of General Motors is that their CEO Dan Akerson has trashed the rumors of his retirement in the media. He said he is looking forward to finger the operations in Europe and will try to bring out the best from it.

At present, there were so many rumors of his departure as he already labeled himself to be a ‘B' grade owner in an interview last month. In the separate interviews last week, director Robert Krebs, Patricia and also Neville Isdell said that they are not aware of any such thoughts of Akerson's and he will stay the CEO as long as he wish to.


Although the stock of GM fell down to 45 percent last year, it is still reclaiming the title of the largest automaker of the world last year. According to the reports, GM made a gigantic and record profit of about $9.20 billion last year.

A proposing on a subject of the fall in stocks, Krebs said "we are disturbed with such a massive loss in our stocks, but we don't assemble on a board table and grumbling about the fact. These are some of the happenings which anyone can face and we will work out on this".

Today many are blaming the all new directors of GM for all the immoral incidents in the past few years as more than a half had joined the company in 2009. These names even include Krebs, Ed Whitacre and also of Akerson's. Whitacre was the replacement for Fritz Henderson who stayed the CEO of GM for a long time.

Russo by a telephone said that "we are so much paying attention to our work and obsessed of the competition".

Departing from the meeting of board of GM, Krebs revealed that he has notified Isdell that the company isn't the same to what it was when it handled the economic failure.
Akerson on his visit to Atlanta last month, enlightened the audience saying "terrific people who can differentiate between right and wrong and willing to do the right thing".

A CEO can never be given all the glory for the profit made by the company said Maryann Keller (principal-self titled firm in Stamford). He said "the company is receiving the backup from the government which lesser the break-even point of the automakers.

Russo confronts media in an interview that "Akerson has got a very good team of senior specialists and also he is managing is well which would help in the preparation of the success". She adds up saying "I would be pleased to see someone outstanding filling a seat which guide us to success at the right time.

Akerson has come up with some names to fill up that seat and looking forward to execute this. These names include Steve Girsky (Vice Chairman), Mark Reuss (North America President) and also some other names which have not been revealed yet. Akerson strongly believes on these names and trying his best to give it to a right person. Also some news faces are expected to be chosen.
PHOTO GALLERY
Comments:
Name required * Email required Email not valid *
Comment required *

Latest news
Sunday, August 19, 2018 10:30:31 Nissan is present at the Detroit Auto Show with a compact concept SUV called...
Saturday, August 18, 2018 10:25:17 Another Hyundai premiere at the Detroit Auto Show is the new Veloster N,...
Friday, August 17, 2018 10:20:24 The South Koreans from Kia presented at the Auto Show in Detroit the new...
Thursday, August 16, 2018 10:15:59 After a massive promotion campaign, the US subdivision of Hyundai has officially...
Wednesday, August 15, 2018 10:05:55 Acura boasted that the new RDX is 100% made in the United States and is...
Tuesday, August 14, 2018 09:54:10 At the core of the new VW Jetta is the MQB platform, which is already used...
Tuesday, August 14, 2018 09:50:38 General Motors held the world premiere for the new generation Chevrolet...
Monday, August 13, 2018 09:45:39 The Ram Trucks brand, currently belonging to Fiat Chrysler Automobiles,...
Sunday, August 12, 2018 09:39:52 Ford brought the new generation mid-size Ranger pick-up at the Detroit Auto...
Saturday, August 11, 2018 09:34:13 At the Auto Show in Detroit, American car manufacturer Ford celebrates the...