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Correction: An earlier version of this story omitted the significance of gender in describing Mary Barra's historical ranking among General Motor CEOs. He says Treasury officials took the same risk assumed by anyone who purchases stock. Akerson spoke in the wake of Treasury announcement last week that it sold its last shares in GM and Akerson's decision to retire in January. Akerson said it fell to him and his team to restore GM's good name, transform operations and "put quality and the customer back at the center" of the company's decision-making, a process he called "the biggest cultural change we've been able to infuse into the new GM.
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GM Announces First Female CEO of the Company

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The appointment of Barra, 51, is at once groundbreaking - she will be the first woman to lead a global automaker - and yet also very traditional. Her father is a long-time GM employee and Barra has spent her entire year career at the No. Barra's ascension also marks the re-emergence of an engineer at the helm of GM, a company long dominated by financial executives who were sometimes criticized by investors as lacking experience on the product side of the business. With her engineering background, plant experience, time spent running human resources and her current job in charge of product development, purchasing and suppliers, Barra has the expertise needed to help continue the company's turnaround, analysts and investors said.
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How Mary Barra Went From Inspecting Fender Panels To GM's First Female CEO

I have run advertising agencies, a car wash business, a furniture refinishing company, and a Hollywood production house. I have hired and fired well over people in the last 25 years. That number might even be closer to Over the course of my years of relentlessly trying to find the best talent for the various fields I have worked in, I have uncovered three amazing secrets for finding great candidates consistently and repeatably. I used to hire on analytics alone, and I constantly found myself wondering why what looked good on paper did not work out in real life.
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After all, she's the first woman to head a major U. GM says Akerson will step down ahead of schedule Jan. Government sells remaining stake in GM. GM in a statement says Barra has 33 years of experience with the company, having served in manufacturing, engineering and senior staff positions. She's now executive vice president for global product development, purchasing and supply chain.
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