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- Full name: G. Richard Wagoner, Jr.
- Born: February 9, 1953
- Birthplace: Wilmington, Delaware
- Spouse: Kathleen Kaylor
- Named Top Car Industry Executive by Motor Trend in 2008Autoblog: Rick Wagoner Tops Motor Trend Power List (January 2, 2008)
- Attended both Duke and Harvard University
- Named president and CEO of GM in 2000Bloomberg.com: GM's Wagoner Steps Aside After Failing Obama Scrutiny (March 30, 2009)
- Assumed role of chairman in 2003Bloomberg.com: GM's Wagoner Steps Aside After Failing Obama Scrutiny (March 30, 2009)
- Resigned as CEO in March 2009Bloomberg.com: GM's Wagoner Steps Aside After Failing Obama Scrutiny (March 30, 2009)
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General Motors (GM) CEO Rick Wagoner resigned from his position in an agreement with the Obama administration. GM was threatened with the withholding of federal bailout money unless Wagoner resigned.WSJ.com: U.S. Forces Out GM CEO Wagoner (March 30, 2009) His resignation went into effect on March 29, 2009.Bloomberg.com: GM's Wagoner Steps Aside After Failing Obama Scrutiny (March 30, 2009) In a statement, Wagoner said that he was asked to "step aside."USAToday.com: GM's Wagoner Forced out as Automakers... (March 30, 2009)
Wagoner became president and CEO in 2000 and became chairman in 2003. Wagoner has been replaced by Fritz Henderson.Bloomberg.com: GM's Wagoner Steps Aside After Failing Obama Scrutiny (March 30, 2009)
Wagoner's Statement on Resignation
"On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I “step aside” as CEO of GM, and so I have."Freep.com: Statements from Wagoner, GM Board (March 29, 2009)"Fritz Henderson is an excellent choice to be the next CEO of GM. Having worked closely with Fritz for many years, I know that he is the ideal person to lead the company through the completion of our restructuring efforts. His knowledge of the global industry and the company are exceptional, and he has the intellect, energy, and support among GM’ers worldwide to succeed. I wish him well, and I stand ready to support him, and interim Non-Executive Chairman Kent Kresa, in every way possible."Freep.com: Statements from Wagoner, GM Board (March 29, 2009)
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Rick Wagoner Questions
One a scale of (1-10) 10 being the highest rating, how do you rate GM CEO Rick Wagners performance? 1 AnswerI would rate his performance as about a 1. Of the "Big Three", only GM and Chrysler needed bailouts, and of those two, only GM needed more than one. For years... read more
What are the key events leading to Wagoners resignation? 1 AnswerI think the main problem was the complete lack of foresight. In the early part of this decade, (when Wagoner was the head of the company), it was clear to every... read more
OPEN THREAD: Rick Astley Vs Nine Inch Nails mash-up 3 AnswersThere's just something about the pitch of his voice that doesn't go well with the lovely NIN drone. I had my nose kinda scrunched up while listening to it, so I... read more
Revenge or Truth? What do you think of Jon Stewarts take on CNBC and Rick Santelli? 6 AnswersTruth. While I think there is a certain amount of vengence being taken here, Stewart is not one to pull his punches when he disagrees with his guests; take a lo... read more -
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