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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 ...
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 .
GM Chairman and CEO Rick Wagoner was also forced to resign. [25] GM bondholders rejected the government's first offer, but the unions agreed to the preferential terms. [26] A bondholder debt to equity counteroffer was ignored. [27]
Thanks to decades of mismanagement, General Motors Corp. (GM) is on the brink of bankruptcy. For instance, under its recently fired CEO Rick Wagoner, GM's North American market share fell from 33 ...
Naturally, the two Harvard MBAs who drove GM to bankruptcy -- Rick Wagoner and Fritz Henderson -- both rose up from GM's finance division -- rather than its vehicle design operation.
General Motors chairman and former CEO Rick Wagoner announced during a news conference on February 17, 2009, that Saturn would remain in operation through the end of the planned life cycle for all Saturn products (2010–2011).
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Invesco Ltd. is an American independent investment management company that is headquartered in Atlanta, Georgia, with additional branch offices in 20 countries.Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. [3]