General Motors CEO Dan Akerson Is Not a Car Guy
In June, Daniel F. Akerson, the chairman and chief executive officer of General Motors, gave a speech to about 400 engineers and designers at the company’s technical center north of Detroit. It was a boilerplate, morale-boosting speech, generous with exhortations about work ethics and staying vigilant. Then came the Q&A session. One employee wanted to know: What kind of hours did Akerson expect them to put in at the office? Akerson answered with a family parable. He told the crowd he’d called his son’s office at 6:30 that morning and found him at his desk. Akerson informed his son, who does not work at GM, that he would call again in 12 hours and that he expected him to still be at work. The moral, as if anyone in the room needed an explanation: “Generous Motors” is gone, so get busy. Next question.
The anecdote didn’t go over well, according to two people in attendance who spoke on condition of anonymity because the gathering was private. This was 10 months into Akerson’s reign as CEO and two and a half years after the company’s bankruptcy and bailout by the federal government. Thousands had lost their jobs, leaving the survivors to do more even as they watched their stock in old GM evaporate. “I hope some people are uncomfortable,” says Akerson. “It’s not my role to make people comfortable. I don’t know what it was like here five years ago, and really I don’t care. We’re in a war.”
