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Daniel F. Akerson was the CEO of General Motors from September 1, 2010, to January 15, 2014. His leadership came after GM emerged from bankruptcy and received support from the U.S. government. Before joining GM, Akerson had a strong background...

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Daniel F. Akerson

Ex-CEO of General Motors

Field of Expertise

Finance & Banking - Finance

Sector of Economy

Consumer Cyclical

Born

November 30, 1947 - 77 years ago

CEO of General Motors for

3 years 4 months (Sep 2010 - Jan 2014)

Previous Experience

Executive Vice President and Chief Financial Officer since June 2013; Managing Director and Head of Industrial Investment Banking for Morgan Stanley from 2004.

Holdings

See how much did Daniel F. Akerson make over time.

During his time as CEO of General Motors, Daniel Akerson's stock holdings showed notable fluctuations. He experienced a peak in wealth reaching approximately $17 million around 2021. His holdings started strong after he joined GM but faced ups and downs...

Mar 18, 2025

Total Stock Sold

$3.67M

GM

$3.66M

100,000 GM shares

LMT

$7.45K

22 LMT shares

What if they kept their stock?

If Daniel F. Akerson didn't sell their stock, today they would have:
Extra GM100,000 shares worth $2.31M and LMT22 shares worth $7.95K.
This is -36.8% and $1.35M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Daniel F. Akerson.

LMT

22 shares

LMT

Jan 31, 2019

Inheritance

LMT

$782.38K

LMT at $312.95/share

Oct 25, 2017

Purchase

LMT

$380.32K

LMT at $190.16/share

May 4, 2015

Purchase

LMT

$250.08K

LMT at $166.72/share

Aug 1, 2014

Purchase

LMT

$254.83K

LMT at $169.88/share

Jul 30, 2014

Purchase

GM

$1.83M

GM at $36.60/share

Mar 4, 2014

Sale

GM

$1.81M

GM at $36.29/share

Feb 19, 2014

Sale

GM

$662.50K

GM at $26.50/share

Feb 21, 2013

Purchase

GM

$508.75K

GM at $20.35/share

Aug 8, 2012

Purchase

GM

$250.50K

GM at $25.05/share

Aug 9, 2011

Purchase

Compensation History

See how much did Daniel F. Akerson make over time.

Daniel F. Akerson's compensation at General Motors varied throughout his role as CEO. In 2014, he earned a total of $1,998,253, with a base salary of $850,000. Notably, he didn't receive bonuses during some years due to company restructuring and performance metrics. In 2013, his total compensation reached about $9 million, largely due to vested stock units that reflected performance from prior years. His compensation structure was designed to align with GM's recovery after its bankruptcy. Akerson’s package included not just salary but also benefits such as personal travel and financial counseling. Throughout his leadership, his pay reflected the challenges at GM and the government regulations from its bankruptcy support, ensuring his package remained competitive while adhering to regulatory standards.

Year

2014

Total Compensation

$998.45K

Salary

$850.00K

Board Justification

The compensation philosophy aims to align executive compensation with the long-term interests of stockholders, focusing on performance-based incentives and competitive market practices.

Bonus

$0.00

Board Justification

No bonus was awarded as Mr. Akerson did not participate in the STIP for 2014 due to his retirement.

Other

$148.45K

Board Justification

Other compensation includes various benefits such as personal travel and financial counseling.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were granted to Mr. Akerson in 2014 as he retired on July 1, 2014.

Performance Metrics

The performance metrics for the CEO's compensation in 2014 included financial and operational goals, although Mr. Akerson did not participate in the STIP due to his retirement.