GM’s Mary Barra becomes first woman to head a car manufacturer

General Motors has stated that Dan Akerson, the present Chairman and CEO of the company is set to retire from 15th January 2014. Akerson, 65 retires ahead of schedule as his wife was recently diagnosed with advanced stage of cancer. His position will be filled by Mary Barra, and she will be the first woman CEO of the company.

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Barra, 51, currently holds position of Executive Vice President, Global Product Development, Purchasing and Supply Chain. Not only she is the first woman CEO at GM, but the first woman in the world to head a global automaker. She was elected to this new post by the Board of Directors and will be the new CEO of the company from January. Mark Reuss, will replace Barra in the same capacity.

Barra has over 33 years of experience at General Motors and has come up through various positions in manufacturing, engineering, senior staff positions and considers this new top position as an honor as she pledges to lead the company ahead in the business and keep momentum up at top speed.

Theodore Solso, 66 will be the new Chairman of General Motors. He was earlier Chairman and CEO at Cummins and has been a member of the General Motors Board since June 2012. The company has also announced that Dan Ammann, 41, will be the new Company President and will be in-charge of company regional operations globally. For more information, scroll through the press release below.