Quote:
Originally Posted by Dragoneye
Wagoner makes like...2 million - I'm sure there've been bonuses, etc...but check out Forbes (I think)...they have a listing and ranking of various CEOs...Wagoners among the lowest paid in the Industry. Anyways, he's now making $1 with whatever stocks he hasn't forfieted. Wagoner's brilliant; and imho -- he MUST stay...
Wagoner was responsible for bringing in Lutz (who completely overhauled design and quality), he was the guy who got GM into expanding markets like China. All the current restructuring efforts took place under him, too. Ask anybody within the company what those efforts are; HUGE. And...btw - there would be no ZR1 without him... 
There are, of course, mistakes that have been made. And I'd be naive to think that someone couldn't do Wagoner's job better. But if Dodd thinks he knows diddly about the Auto Industry to make an educated call for Wagoner's resignation...he's a fool. GM may be dead already if it wasn't for Wagoner...
EDIT:
Then there's this:
http://jalopnik.com/5103989/the-case...o-rick-wagoner |
No one called for a change in leadership after Pearl Harbor. To some extent or another this is an embarrassing failure of the whole American auto industry, and it can't be blamed on 3 CEOs and their entire staffs. Recklessly changing leadership like that will only lead to more mistakes and more problems. The people running the companies would be inexperienced or simply wrong for their positions. Leaders, while usually flawed in so many ways, are necessary to make things happen. GM has a good leader, and asking Wagoner to leave is pretty much handing the industry to Japan.
Those calling for the end of the American car industry are borderline traitors to their country's success and would gladly sabotage its future for their own personal gain.