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News :: International
Dan Akerson, managing director of The Carlyle Group to be new CEO of General Motors
12 Aug 2010
General Motors announced on Thursday that CEO Ed Whitacre will resign effective Sept. 1. His replacement will be GM board member Dan Akerson, the managing director of The Carlyle Group, a private equity firm.
August 12, 2010
General Motors CEO steps down
CBC News

Whitacre will remain as chairman of the board until the end of the year. He has said he had no plans to be a long-term CEO.

Akerson's appointment might trigger a debate over the fact that he does not have experience leading a manufacturing company.

Akerson, 61, will be GM's fourth CEO in 18 months.

More here:

Daniel F. Akerson
Born: c. 1948
Gender: Male
Race or Ethnicity: White
Occupation: Business
Party Affiliation: Republican
Nationality: United States
Executive summary: The Carlyle Group
Net worth estimated at $190M by Virginia Business.
University: BS Engineering, US Naval Academy (1970)
University: MSc Economics. London School of Economics
Carlyle Group Managing Director (2003-)
XO Communications CEO (1999-2003)
Nextel CEO (1996-2001)
General Instrument CEO (1993-95)
Forstmann Little & Co. General Partner (1993-)
MCI President and COO (1992-93)
MCI EVP and CFO (1987-90)
MCI Executive variously (1983-93)
Member of the Board of American Express (1995-)
Member of the Board of General Instrument (as Chairman, 1993-95)
Member of the Board of Hawaiian Telcom
Member of the Board of Nextel (as Chairman, 1996-2001)
Member of the Board of Time Warner
Member of the Board of United Components
Member of the Board of Willcom
Member of the Board of XO Communications (1999-2003)
Bush-Cheney '04
The Freedom Project
John McCain 2008
McCain for Senate '98
McCain-Palin Compliance Fund
McCain Victory Committee
National Republican Congressional Committee

Daniel F. Akerson
American Express Company
New York , NY
Sector: FINANCIAL / Credit Services
60 Years Old
DANIEL F. AKERSON, Managing Director, The Carlyle Group, a private equity firm, March 2003 to present. Director, Booz Allen Hamilton, Inc., Freescale Semiconductor, Inc., HCR Manor Care, Inc. and MultiPlan, Inc.

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