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...
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 in finance and held executive roles in several companies, including being a Managing Director at The Carlyle Group, a private equity firm. During his time at GM, Akerson focused on turning around the company, which faced significant challenges after the financial crisis. He played a crucial role in steering GM toward profitability again. In terms of compensation, his salary was $1.7 million annually, but he didn't receive bonuses during certain years due to company performance goals and restructuring plans. Interestingly, Akerson has a knack for insider trading, showing significant fluctuations in his stock holdings over the years, peaking at around $17 million in 2021 before gradually modifying his positions. This suggests a tactical approach to managing his wealth. Today, Akerson is recognized for his input in transforming GM into a modern automotive leader while navigating complex challenges in the industry. He's also involved in various boards, not just GM, showcasing his lasting influence in the business world.