There goes another glass ceiling. General Motors’ board of directors on Tuesday elected Mary Barra to become CEO-the first woman to lead GM or a major automaker ever. (The news comes a day after Washington sold its final shares in GM.)
Barra joined GM at 18, rising through the ranks to become heir apparent as executive vice president. Chief Dan Akerson will retire several months early after his wife was diagnosed with advanced cancer, according to a statement. Read more.