Tag Archives: Daniel Akerson

GM’s Akerson wants executive pay restrictions relaxed

In a bid to remain more competitive and retain talent, GM CEO Dan Akerson said that the company will seek some leniency with regard to government imposed executive pay restrictions. “We have to be competitive and retain talent,” Akerson said in response to a question at the Economic Club of Washington, D.C. “We’re starting to […]

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Report: GM's top executive bought big number of shares for IPO

General Motors’ top three executives increased their investment in the company once the stock hit the open market, picking up more shares under an employee program. The report comes from paperwork filed today with federal regulators. GM CEO Daniel Akerson purchased 14,200 shares of common stock at $33.57 on the open market while Vice Chairman […]

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egmCarTech reader Ivan meets former GM CEO Ed Whitacre, tells us some interesting info

Earlier this morning, egmCarTech reader Ivan Gutierrez sent me an email with a picture of him standing next to former General Motors CEO, Ed Whitacre and some other guy we’ve never seen. When we asked for more details, Ivan wrote us a pretty large paragraph on why Whitacre was visiting Texas Tech – it’s pretty […]

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GM’s new CEO says taxpayer payback may take several years

With GM”s recent filing for an IPO, there has been much ado about the rate at which the government would be paid back for its bailout of the auto magnate. CEO Dan Akerson acknowledged in a meeting at GM”s headquarters that that will be determined by GM”s performance over the next several years. It would […]

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GM’s new CEO to get a $9 million compensation package

General Motors’ new CEO Daniel Akerson will be paid a $9 million compensation package the Detroit automaker said yesterday. Akerson’s package will include a $1.7 million cash salary and a $5.3 million compensation in company stock over the next three years. He will also be entitled to $2 million worth of restricted stock as a […]

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Akerson tells GM employees to be aggressive, says Cadillac needs to beat BMW

During his first major address to General Motors’ global workforce, new CEO Dan Akerson urged employees to “be on the attack” against rival automakers. Sitting alongside Chairman and former CEO Ed Whitacre, Akerson said spoke about his vision for moving the Detroit automaker ahead. “He said, “˜We”re good right now, but we”ve got to get […]

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GM’s new CEO meets with UAW leaders

On just his second day as GM’s CEO, Daniel Akerson sent a Labor Day greeting to his company’s 80,000 employees, highlighting the fact that he spent some time getting acquainted with UAW president Bob King and head of the union’s GM department, VP Joe Ashton. After the meeting, Akerson let his labor force know that […]

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GM’s new CEO Dan Akerson sends letter to employees

Yesterday was Dan Akerson’s, the new CEO of General Motors, first day on the job. Here is a letter he sent to employees. Hit the jump for the rest. GM Employees, As Labor Day approaches in the U.S. and Canada, I would like to wish everyone at General Motors a safe, happy holiday weekend. I […]

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As of today, Dan Akerson is officially the CEO of General Motors

When Edward Whitacre took the job as General Motors’ CEO last year, he made it clear that he wasn’t here to stick around for a long time. Whitacre seemed pretty confident when he said GM was headed in the right direction and announced on Aug. 12 that he will be stepping down as CEO as […]

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Report: GM’s new CEO looking for a house in metro Detroit

General Motors new incoming CEO, Dan Akerson, is shopping for a house in metro Detroit, a move that signals he’s going to stay a while and be close to the company’s Renaissance headquarters in downtown Detroit. Akerson, who currently resides in McLean Va, will make his Detroit-area home his primary residence, sources familiar with the […]

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