Gms Torchbearer: Ceo, Rick Wagoner

By: Freddic

The personality in the limelight of the auto industry at present is the CEO of the world's largest manufacturer of automobiles, G. Richard Wagoner, Jr., General Motors Chairman and Chief Executive Officer.

Rick Wagoner draws the attention of, and inspires confidence in the stakeholders of GM, even during the tough times the US auto industry is faced with. The WSJ reports that the lead independent director of the company, George Fisher thinks that Rick "has a winning formula despite recent setbacks that recently pushed GM's share price to a 26-year low and its market value to below $10 billion."

The Beginning

After he earned his MBA from Harvard in 1977, he joined GM the same year as an analyst in the Treasurer's Office in New York. During this time he earned several promotions before he earned the position of a treasurer of GMB (General Motors do Brasil) in SÃ?o Paulo. Three years past his work as a treasurer he became the executive director of finance for GMB in 1984.

GM Canada

The position of being the vice president and finance manager at GM Canada Limited was his next stop in 1987. Only a year had passed after his stay in Canada and in October 1988, he became group director, strategic business planning, for the erstwhile Chevrolet-Pontiac-GM of Canada Group.

GM Europe

GM Europe beckoned him next, where he served as the vice president in charge of finance for General Motors Europe, Zurich, Switzerland, from 1989 till 1990. However, it seems that General Motors do Brasil's (GMB) affinity attracted him again where he worked as the president and managing director of General Motors do Brasil from 1991 till 1992.

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