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View Diary: GM Appoints Female CEO (9 comments)

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  •  No bean counter (5+ / 0-)

       Almost as novel as naming a female as CEO, GM has elevated a product person to that position. The company has traditionally put bean counters in charge as CEO and product people were given the less powerful Presidency. I feel the bean counters were too obsessed with profit margins and other financial measures instead of the actual cars they were producing. Mary Barra is an engineer and has been involved in product development. She admitted GM has made some "crappy cars" and was determined to upgrade the companies entire product line. This is potentially a very very good move. Long overdue.

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