Tag Archives: Dan Akerson
General Motors Considering Volt Battery Redesign

Last month, Pulse2.com wrote about how General Motors Company (NYSE:GM) was being investigated by the government after lithium ion batteries caught on fire in the Chevrolet Volt. GM offered loaner vehicles to Chevrolet Volt owners while the investigation took place. Now GM is saying that European deliveries of Open-branded Volts (Ampera) will be delayed pending the investigation.
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Former Wal-Mart CFO Thomas Schoewe Joins General Motors Board

General Motors Company (NYSE:GM) has added former Wal-Mart chief financial officer Thomas Schoewe to their board of directors. Now GM has 12 board members and 10 of them are not company employees. GM Chairman and CEO Dan Akerson said that Schoewe has business planning and financial expertise along with over 35 years of experience in leading consumer-oriented companies. Schoewe was responsible for Wal-Mart’s accounting and finance departments between 2000 and 2010. Before that he was the CFO for Black & Decker. Schoewe also serves on the board of directors at KKR Management, Northrop Grumman Corp. and PulteGroup Inc.
General Motors Has Orders For $60 Billion In Stock [REPORT]

On Thursday, General Motors CEO Dan Akerson is expected to ring the bell at the New York Stock Exchange for GM’s return to trading. This is happening about 17 months after their filing for bankruptcy protection. GM will trade under the symbol GM in New York and GMM in on the Toronto Stock Exchange.
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