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Management Change
GM names Mary Barra chief executive; Dan Akerson to retire
GM names Mary Barra chief executive; Dan Akerson to retire

General Motors Co. named its first female chief executive Tuesday, elevating Mary Barra, a former intern who over three decades rose to head the automaker’s global product development, to its top position. Barra, 51, joins a handful of women, including Marissa Mayer at Yahoo Inc. and Hewlett-Packard Co.’s Meg Whitman, as CEOs of major American companies. Barra will also join the GM board of directors. She replaces Dan Akerson, who guided GM through most of the period since it emerged from bankruptcy in 2009. He will step down as chairman and CEO on Jan. 15. Akerson announced his retirement just a day after the federal government closed the books on the taxpayer bailout of...

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