General Motors Corp. (GM)
Name of Company and Ticker Symbol: General Motors Corp. (GM)
- Company Web Site: https://www.gm.com/
- Annual Report: http://www.gm.com/content/dam/gm/en_us/english/Group4/InvestorsPDFDocuments/2015AnnualReport.pdf
Review of the Letter to the Shareholder (10 points) –
Dear Fellow Shareholder
I am happy to call you to join the Yearly Conference of Stockholders of General Motors Corporation. GM’s highest enactment in the last three years and robust 2015 viewpoint are the straight outcomes of the continuous activities we are enchanting to renovate your Company. We place the client at the midpoint of all we prepare and that supervisory attitude sustained to energize our achievement in 2015. We struggle to line up an atmosphere, societal, and supremacy matters to our determination and standards. As we endure to steer this retro of strange change, we acknowledged notice that a stockholder, Green light Capital, aims to extant at the Annual Meeting a suggestion, which we have additionally labeled in this Proxy Announcement in accord with the resources we expected from Green light(Snavely, n.d.)
CEO’s Background (3 points) – write a paragraph summarizing the CEO’s, Chairman’s, or President’s background, include the age of the CEO if available. This information can be found under the “People” link at http://www.reuters.com/finance/stocks
Mary Barra is the CEO of the General Motors Corporation. She was designated CEO of the GM Panel of Managers and directors. Formerly, she was working as Vice President and Global Human Resources and in numerous other policy making manufacturing and operational positions. Barra started her profession with GM in 1980 as a General Motors Institution student at the Pontiac Motor Department. She is an electrical engineering and one her engineering in 1985, followed by an MBA from the Stanford Graduate School in 1990(“Corporate Officers | Leadership | GM.com,” n.d.)
CEO’s Compensation (2 points) Report the CEO’s fiscal year total compensation
As Chief Executive Officer at GENERAL MOTORS CO, Mary T. Barra has taken $22,424,399 in total compensation. Of this total $2,015,000 was taken as a salary, $6,760,790 was taken as a bonus(“GM notches victory with 91% of shares cast against Greenlight’s Einhorn,” n.d.)
References
Corporate Officers | Leadership | GM.com. (n.d.). Retrieved September 14, 2017, from https://www.gm.com/company/leadership/corporate-officers.html
GM notches victory with 91% of shares cast against Greenlight’s Einhorn. (n.d.). Retrieved September 14, 2017, from http://www.freep.com/story/money/cars/general-motors/2017/06/06/gms-barra-greenlight-deal-not-best-interest-shareholders/372800001/
Snavely, Brent. (n.d.). GM’s battle with activist billionaire investor heats up. Retrieved September 14, 2017, from http://www.freep.com/story/money/cars/general-motors/2017/05/21/gms-battle-activist-billionaire-investor-heats-up/333535001/