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+--- Thread: Detroit Free Press says GM should dump CEO Rick Wagoner (/showthread.php?tid=68143)
Detroit Free Press says GM should dump CEO Rick Wagoner - AllGold - 12-12-2008
...and replace him with Roger Penske.
Opinion piece: http://www.freep.com/article/20081212/OPINION05/81212087
One paragraph: "The company that needs leadership the most has virtually none. Under the Wagoner administration, GM has lost market share, lost $70 billion, and lost 90% of its stock value. And yet he is portrayed by his board and subordinates as a financial wizard. Would you loan him $18 billion?"
Re: Detroit Free Press says GM should dump CEO Rick Wagoner - MacGurl - 12-12-2008
It'd be a start, wouldn't it? Do some house cleaning.
Re: Detroit Free Press says GM should dump CEO Rick Wagoner - bazookaman - 12-12-2008
They keep the captains that drove the ship onto a reef, while tossing the poor deckhands overboard.
Re: Detroit Free Press says GM should dump CEO Rick Wagoner - OWC Jamie - 12-12-2008
GM should hire The Detroit Free Press.
How much of that lost market share, lost $70 billion, and lost 90% stock value was saved by the finacial wizard ?
I bet that writer has absolutely no clue.
Re: Detroit Free Press says GM should dump CEO Rick Wagoner - AllGold - 12-12-2008
When you're talking about $70 billion and 90% of the stock value, does it really matter?