Behind The Wheel
- Toyota Makes Recall Fix And So Long Saab
- The L.A. Extravaganza: A Test for Auto Shows
- Volt Drive: Great Ride, Interesting Interior and a Friendly Chirp
- Volvo Talks Show New Day Dawning for China
- Starting Car2Go - Smart Move for Daimler
- GM Cuts Losses—Plans Early Loan Repayment
- Ghosn's Bet: 10% of World Will Drive EV's in 10 Years
- Ford, Hyundai, Audi Gaining Interest
- Cadillac Converj Smart Extension of Volt
- Chrysler Makes Smart Call Staying Unplugged—For Now
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- Ritz-Carlton ?Struggling? in the US: President
- Garlic Price Rises Surpass Gold, Stocks in China
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Obama Reiterates Commitment to Boost US-India Ties
- Oil Price to Average $75.40 in 2010: Poll
- New-Home Sales Jump 6.2% To Highest Level in Over Year
- Half of Banks' Losses May Still Be Hidden: IMF Head
- Consumer Mood Improves, But Anxiety Over Personal Finances
- Jobless Claims Below 500,000, Durable Orders Slip
- Americans Ditch Planes for Trains this Thanksgiving
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Treasury On Mortgage Modifications
- Blue Jeans Expected to See Another Green Christmas
- Investors Thankful for Gains This Year
- Thanksgiving & the Markets
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- Topless Business Is Taking Off
- 3 Software Stock Picks from Lazard's Senior Analyst
- Schork Oil Outlook: Gas Bulls Pinning Hopes on Mother Nature
- New-Home Sales Jump to Highest Level in Over Year
- Consumer Mood Improves, But Anxiety Over Finances
- Jobless Claims Below 500,000, Durable Orders Slip
- US Said It Will Reduce Emissions by 17% by 2020
- Garlic Price Rises Surpass Gold, Stocks in China
- Judge Erases Couple's $525,000 Mortgage Payment
- Black Friday: Can Banks Tap the Frenzy, Too?
- Blue Jeans Expected to See Another Green Christmas
- Half of Banks' Losses May Still Be Hidden: IMF Head
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Just two weeks after emerging from bankruptcy, GM has re-arranged its leaders and now finds itself with a full set of directors.
Those moves, along with the formation of an executive committee put in place the people who will try to lead GM back to profitability.
It's an interesting list with some strong leaders moving into key roles and a few up and comers promoted to new, more important jobs.
One of the most interesting is the promotion of designer Bryan Nesbitt to general manager of the Cadillac division. Nesbitt ha strong design background, who is highly respected in the industry. But going from being a design leader to managing a brand is big transition. It is certainly not an impossible leap. It does however show how much confidence CEO Fritz Henderson has in giving Nesbitt the keys to run a brand as important as Cadillac.
As for the new directors at GM, the Treasury Department has selected six people with a wide array of business and academic experience. At least one comes from the private equity world and all are "outsiders" compared to the previous board at GM which many considered too insular.
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