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George Richard "Rick" Wagoner Jr. (born February 9, 1953) is an American businessman and former chair and chief executive officer of General Motors. Wagoner resigned as chairman and CEO at General Motors on March 29, 2009, at the request of the White House .
Rick Wagoner, the man who helped run General Motors to the ground, will retire August 1 with a pension and benefit package the automaker valued at $8.2 million. Wagoner, who was in charge of the ...
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
Of course, news that General Motors (GM) C.E.O. Rick Wagoner had resigned. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
According to ABC News and other media outlets, the Big Three CEOs (Rick Wagoner of GM, Alan Mulally of Ford and Robert Nardelli of Chrysler) who attended the November 19, 2008, meeting in Washington D.C. to request a bailout traveled to the meeting in private luxury jet aircraft. [94]
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In February 2000, Rick Wagoner was named CEO, succeeding Smith. [90] [91] The next month, GM gave 5.1% of its common stock, worth $2.4 billion, to acquire a 20% share of Fiat. [92] In December 2000, GM announced that it would begin phasing out Oldsmobile. The brand was eventually discontinued in 2004, seven years after it had become the first ...
From January 2008 to December 2012, if you bought shares in companies when G. Kennedy Thompson joined the board, and sold them when he left, you would have a -71.8 percent return on your investment, compared to a -2.8 percent return from the S&P 500.