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HomeAutomobileGM CEO Mary Barra has no plans to retire

GM CEO Mary Barra has no plans to retire

Normal Motors chair and chief government officer Mary Barra participates in an Financial Membership of Washington dialogue on “the transformation of the automotive business to an all-electric future, the trail to autonomous automobiles, and the current negotiations with GM’s workforce” in Washington, U.S., December 13, 2023. 

Elizabeth Frantz | Reuters

DETROIT – General Motors CEO and Chair Mary Barra on Thursday mentioned she has no plans to retire any time quickly as she tries to make sure the corporate’s transformation is on “a very good path.”

Barra, who’s the longest tenured CEO exterior of the corporate’s founder, has been requested about retirement for a number of years. The questions have grown as executives of rivals have come and gone beneath Barra’s more than 10-year tenure main GM.

“I am having lots of enjoyable, and I need to make sure that now we have our transformation on a very good path,” she mentioned throughout a hearth chat at a Detroit Financial Membership assembly. “So, I am younger and in good well being, I’ve obtained a supportive household, so I do not assume I am headed anyplace quickly.”

Many potential successors inside GM have come and gone throughout Barra’s tenure. A number of left the corporate for different alternatives, whereas others retired or left the corporate for unspecified causes.

Barra reiterated she serves on the pleasure of the GM board and that she continues to have “enjoyable.” She mentioned she is working via “essentially the most thrilling time” for the automotive business throughout her profession.

GM, like different automakers, is investing billions of {dollars} into all-electric automobiles, regardless of shopper adoption coming more slowly than many expected only a couple years in the past.

The Detroit automaker is also attempting to relaunch its Cruise autonomous automobile enterprise after it ceased public operations following an Oct. 2 accident during which a pedestrian in San Francisco was dragged 20 ft by a Cruise robotaxi.

Cruise and EVs, together with software-defined automobiles and providers, have been among the many largest potential development areas beneath Barra, who grew to become CEO in January 2014.

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