Rick Wagoner
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George Richard "Rick" Wagoner, Jr. (born February 9, 1953) is Chairman and Chief Executive Officer of General Motors.
Rick Wagoner was born in Wilmington, Delaware, and grew up in Richmond, Virginia and graduated from John Randolph Tucker High School. He received a bachelor's degree in economics from Duke University in 1975 and an MBA from Harvard Business School in 1977.
After Harvard, he joined GM as an analyst in the treasurer's office. In 1981 he became treasurer of GM's Brazil subsidiary and later served as managing director. In 1992 he was named GM's chief financial officer, in 1994 he became executive vice president and/or president of North American Operations, and in 1998 he was named president and chief operating officer. He became president and chief executive officer in June 2000 and was elected chairman on May 1, 2003.
In April 2005 Wagoner took back personal control of GM's North American car division in light of its poor performance.
In early June 2005 Wagoner announced that GM in the United States would close several plants and shed 25,000 employees (17% of GM's U.S. workforce) by 2008.
The cuts will result in GM production reducing output from six million cars and trucks a year to five million.
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.
Preceded by John F. Smith, Jr. |
Chairman General Motors 2003 – present |
Succeeded by incumbent |
Preceded by John F. Smith, Jr. |
CEO General Motors 2000 – present |
Succeeded by incumbent |
Preceded by John F. Smith, Jr. |
President General Motors 1998 – 2003 |
Succeeded by none |