When Wagoner took over for GM North America, he essentially implied that it was all on his shoulders now. By taking on that role, he took full responsibility for North America, where the key issues are. And things have only gotten worse.
Quotes about wagoner (6 Quotes)
It's what most savvy Fortune 500 chairmen would do. Everyone expected GM would look bad, and (GM Chairman Rick) Wagoner figured it couldn't look any worse so he pulled ahead bad news for 2006 into 2005.
I relate to a lot of those songs and he keeps it country. He's almost like a Porter Wagoner.
Right now, health care is the issue, because the company, in the form of its CEO, Rick Wagoner, made a big spectacle at the shareholders' meeting last month. They're saying we're in this big crisis. My question, and most of the union leadership's question, is, show us the crisis. Where have you been spending the money
I suspect that Wagoner is under a lot of pressure from the board to turn things around. To me it seems the company is in crisis mode.
DETROIT - General Motors Corp. chairman and CEO Rick Wagoner said Tuesday that the automaker's turnaround plan for its North American division is on track, but he wouldn't update the company's earnings forecast. GM withdrew its earnings guidance in April after it lost 1.1 billion in the first quarter. Wagoner noted that the company had previously estimated earnings of 4 to 5 a share for the year. We will not meet that, ... North America is missing, and missing badly.