First Female Chief Executive Named at G.M.
General Motors' chief executive, Daniel Akerson, is retiring and will be succeeded by Mary Barra, the first woman to lead a major auto company. Barra, 51, is the biggest change to G.M., the nation's largest automaker, since its bailout by the federal government in 2009. Previously the company's executive vice president of global product development, Barra has worked for G.M. for 33 years. The announcement came directly after the Treasury Department said it had sold the last of the G.M. stock that taxpayers received in exchange for the government's $49.5 billion bailout.
By Jordan Moses
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