The almanac

UPI Almanac for Saturday, March 29, 2014.
By United Press International

The almanac

UPI Almanac for Friday, March 29, 2013.
By United Press International

The almanac

UPI Almanac for Thursday, March 29, 2012.
By United Press International

Wagoner waives off bankruptcy option

DETROIT, March 17 (UPI) -- General Motors Corp. Chairman and Chief Executive Officer Rick Wagoner said Tuesday the U.S. automaker could restructure itself without court assistance.

GM will launch battery production

ANN ARBOR, Mich., Jan. 13 (UPI) -- U.S.-based General Motors will begin producing batteries for a new electric car.

UAW taps former GM exec on merger talks

DETROIT, Nov. 1 (UPI) -- Former General Motors Corp. executive Steve Girsky has been hired by the United Auto Workers union to advise it on automaker merger talks, sources say.

GM picks Flint, Mich., for new plant

FLINT, Mich., Sept. 25 (UPI) -- General Motors Corp. said Thursday it would construct a $370 million production plant in Flint, Mich., to build engines for the Chevrolet Volt.

GM CEO pitches for federal funds

WASHINGTON, Sept. 12 (UPI) -- Federal loans of $25 billion would help the U.S. auto industry meet tougher efficiency standards, General Motors Corp. chief Rick Wagoner told Congress Friday.

U.S. markets post slim gains Friday

NEW YORK, July 25 (UPI) -- Slim gains on major U.S. stock markets held at the close Friday in spite of a drop of 7.7 percent in General Motors shares.

Report: GM set to announce job cuts

DETROIT, July 14 (UPI) -- U.S. automaker General Motors Corp. is set to announce it will cut jobs and take other steps to deal with its sagging fortunes, The New York Times said Monday.

GM Canada targeting labor costs

TORONTO, April 18 (UPI) -- A showdown with unions is a certainty as General Motors of Canada sets out to slash $30 from each employees labor costs, officials on both sides indicated.

Auto market opens wide in Russia

ST. PETERSBURG, Russia, March 14 (UPI) -- Automobile companies around the world are gearing up production in Russia in anticipation of the transportation needs of the country's growing middle class.

UAW criticizes American Axle

DETROIT, March 12 (UPI) -- Talks between American Axle & Manufacturing Holdings Inc. and the striking United Auto Workers union will continue Thursday.

Chair says GM is environmentally proactive

DETROIT, March 11 (UPI) -- General Motors Corp. Chairman Rick Wagoner said Tuesday the automaker is environmentally proactive, even considering a vice chairman's comments.

GM posts record $38.7 billion loss

DETROIT, Feb. 12 (UPI) -- General Motors Tuesday reported an industry record $38.7 billion loss in 2007 and offered buyouts to 74,000 union workers in a bid to rebuild the U.S. carmaker.
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Rick Wagoner
General Motors CEO Rick Wagoner listens as U.S. President Barack Obama speaks to members of the Business Roundtable at the St. Regis Hotel in Washington on March 12, 2009. (UPI Photo/Roger L. Wollenberg)

George Richard "Rick" Wagoner, Jr. (born February 9, 1953) is an American businessman and former Chairman and Chief Executive Officer of General Motors. Wagoner resigned as Chairman and CEO at General Motors on March 29, 2009, at the request of the White House. The latter part of Wagoner's tenure as CEO of General Motors found him under heavy criticism as the market valuation of GM went down by more than 90% and the company losing more than $82 billion USD. This led to his being named one of the worst CEOs of 2008.

Wagoner was born in Wilmington, Delaware and grew up in Richmond, Virginia. He graduated from John Randolph Tucker High School there, where he was named "Best All Around" student in his graduating class. He received a B.A. in Economics from Duke University in 1975. He then attended Harvard Business School, from which he received an MBA in 1977. He is married and has three adult sons.

While at Duke, he became a member of the Delta Tau Delta Fraternity. Wagoner is a member of the boards of trustees of Duke University, Detroit Country Day School, the Board of Dean's Advisors of the Harvard Business School, and the Board of Directors of Catalyst. He is a member of The Business Council, The Business Roundtable, Detroit Renaissance Executive Committee, and the Secretary of Energy Advisory Board.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Rick Wagoner."
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