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5 mentions found


☆ 10 years in, GM CEO Mary Barra has built her legacy on change and crisis. 2024 will be no different
  + stars: | 2024-01-15 | by ( Michael Wayland | ) www.cnbc.com   time to read: +12 min
In this article GM Follow your favorite stocks CREATE FREE ACCOUNTMary Barra, CEO of General Motors, at the New York Stock Exchange, Nov. 17, 2022. GM's EV sales last year totaled 75,883 units, or 2.9% of the company's overall sales. However, a vast majority of GM's EV sales were from its now-discontinued Chevrolet Bolt models. Mary Barra, GM chair and CEO, speaks during the unveiling of the Cadillac Celestiq electric sedan in Los Angeles, Oct. 17, 2022. General Motors CEO Mary Barra testifies during a House Energy and Commerce Committee hearing on Capitol Hill in Washington, April 1, 2014.
Persons: Mary Barra, Mary Barra's, Barra, She's, Tesla, Michelle Krebs, Warren Buffett's Berkshire, EVs hasn't, Frederic J, Brown, there's, Cruise, Cruise's, Jeff Kowalsky, Darryll Harrison Jr, Mary, Barra's, Dan Akerson, Dan Ammann, Mark Reuss, Steve Fecht, Stephanie Brinley, they've, Lyft, David Einhorn's, Einhorn Organizations: General Motors, New York Stock Exchange, NYSE DETROIT, Detroit, GM, Wall, U.S, EV, Cox Automotive, Warren Buffett's Berkshire Hathaway, —, Hyundai, Kia, Bolt, EVs, Cadillac, AFP, Getty, Honda Motor, Automotive Press Association, Bloomberg, Cruise, CNBC, GM Renaissance Center Global Headquarters, P Global Mobility, Apple, Google, Energy, Commerce, Capitol Locations: Los Angeles, North America, Barra, San Francisco, Detroit, Washington
☆ GM is shaping up to be the hardest hit by the UAW strike
  + stars: | 2023-10-08 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com   time to read: +6 min
GM has the most workers on strike of all the Detroit 3. AdvertisementAdvertisementThe ongoing United Auto Workers strike is taking a multi-million dollar toll on all three Detroit-based automakers, but General Motors might be hit the hardest so far. GM narrowly avoided a fourth strike Friday with an offer that delayed Fain's weekly update for members. This is also the second time in four years that GM has experienced a strike . AdvertisementAdvertisementAnd of the three automakers, GM also has the most striking workers and has temporarily laid off the most workers due to the strike.
Persons: —, Stellantis, Shawn Fain, Fain, Dan Ives, Mary Barra's, Tesla, Jim Cain, Cain, Ford, Ford's, Sam Fiorani, Fiorani, there's, It's, Cox, GM wasn't, Edmunds, Jessica Caldwell Organizations: GM, Detroit, Service, United Auto Workers, UAW, Ford, UAW nabbed, Detroit automakers, Wedbush Securities, Cox, AutoForecast Solutions, Jeep, Chrysler, Dodge, Buick, GMC, Chevrolet, Cadillac, Deutsche Bank Locations: Detroit, Arlington , Texas, Lincoln
☆ Striking auto workers are highlighting their CEOs' multi-million dollar pay. Here's how much the top bosses at Ford, GM and Stellantis make
  + stars: | 2023-09-22 | by ( Graham Rapier | Nora Naughton | Associated Press | ) www.businessinsider.com   time to read: +10 min
"The reason we ask for 40% pay increases is because in the last four years alone, the CEO pay went up 40%. U.S. companies, in contrast, use grant date value of stock packages awarded to executives during the reporting year. AdvertisementAdvertisementThat's because in some years, talking about a CEO's "realized pay" can obscure exorbitant pay packages approved by company boards. AdvertisementAdvertisementThe CEOs of GM and Ford also saw their compensation packages peak in 2021, before declining slightly in 2022. However you slice the numbers, the gap between CEO pay and rank-and-file workers at all three companies is gigantic.
Persons: Mary Barra's, Shawn Fain, Fain, Mary Barra, James Farley, Jim Hackett, Stellantis, Carlos Tavares, Mike Manley's, Equilar, Tavares, That's, Manley, —, Harry Katz, Tesla, Elon Organizations: UAW, Service, United Auto Workers, Ford, GM, Netflix, Writers Guild of America, WGA, Comcast, Big Three, —, Motors, Chrysler, CBS, Big, General, AP, Equilar, Fiat Chrysler Automobiles, French PSA Group, Fiat Chrysler, Institute, Detroit, Cornell University, U.S Locations: Wall, Silicon, Stellantis, American, European
☆ GM delays return-to-office plan to 2023, just days after it said staff would be required to come back this year
  + stars: | 2022-09-28 | by ( Stephen Jones | ) www.businessinsider.com   time to read: +2 min
GM pushed back its return-to-office plans, just days after telling staff they'd have to come in. On Friday, the company told staff to expect to return at least three days a week this year. Executives also have no plans to mandate which days employees return, and instead will leave the decision to individual teams and managers, GM said. GM is among several high-profile companies to have faced challenges getting staff to return. Some Apple staffers have been fighting CEO Tim Cook's call for them to return to the office at least three days a week.
☆ General Motors has told its corporate staff they'll soon need to work in the office 3 days a week, partly reversing CEO Mary Barra's flexible-working policy
  + stars: | 2022-09-26 | by ( Stephen Jones | ) www.businessinsider.com   time to read: +2 min
GM has told its corporate staff they'll need to work in the office three days a week. It marks a shift away from the flexible-working policy announced in 2021 by CEO Mary Barra. GM CEO Mary Barra announced in April 2021 a companywide "Work Appropriately" policy, whereby staff were permitted to work remotely if their jobs enabled them to do so. Raynal told Insider that GM was changing its policy to drive "collaboration, enterprise mindset, and impact" as the company prepares to launch as many as 22 electric vehicles by 2023. GM is the latest in a string of high-profile companies, including Apple, to wind back flexible-working policies.
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