GM's Akerson to retire in 2014. Mary Barra named as CEO

General Motors has announced that chairman and CEO Dan Akerson will step down from his post effective January 15th, 2014.

Akerson joined General Motors in 2009 as a member of the Board of Directors and was named Chairman and CEO in 2010. He successfully led General Motors through it's difficult bankruptcy and restructuring.

Mary T. Barra, Executive Vice President, Global Product Development & Global Purchasing & Supply Chain will replace Dan Akerson as CEO of GM. She has been responsible for the design, engineering, program management and quality of General Motors vehicles around the world. She has 33 years of experience with GM and began her career in 1980 as an intern at Pontiac.She becomes not only the first female CEO of GM, but also the first female CEO of a global
car company.

The Board also named Theodore (Tim) Solso to succeed Akerson as Chairman.  Solso, was formerly chairman and CEO of Cummins, Inc., and has been a member of the GM Board since June 2012.


Source: General Motors

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