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Communication During Crisis: Tech CEO Manages Silicon Valley Bank Collapse
Focal Point’s CEO kept partners, shareholders, and employees well-informed when SVB's failure threatened operations.
By
Adam Zaki
| March 17, 2023
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Human Capital Management
Communication During Crisis: Tech CEO Manages Silicon Valley Bank Collapse
Focal Point’s CEO kept partners, shareholders, and employees well-informed when SVB's failure threatened operations.
By
Adam Zaki
| March 17, 2023
Read More
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Mary Barra
Financial Performance
GM Loses $4.9B in Q4 But Beats Estimates
The automaker's operating results were "very strong, and actually great" in the quarter and for the full year, CFO Chuck Stevens says.
By
Matthew Heller
| October 28, 2021
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Financial Performance
GM Posts $4B Profit on Strong Truck, SUV Sales
"GM is benefiting from robust customer demand for our new vehicles and services, especially our full-size pickups and SUVs."
By
Matthew Heller
| November 5, 2020
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M&A
GM Takes 11% Stake in EV Truck Maker Nikola
The deal will enable GM to deploy its Ultium electric battery system and Hydrotec fuel cells in pickups and big rigs.
By
Matthew Heller
| September 8, 2020
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Financial Performance
GM Beats Estimates Despite $1B in Strike Costs
The recovery from the strike “will add to GM’s list of challenges in coming months as pressures build on the car business globally."
By
Matthew Heller
| October 29, 2019
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Financial Performance
GM’s Pickups, Cost-Cutting Drive Profit Increase
“Our results demonstrate the earnings power of our full-size truck franchise, with more upside to come," CEO Mary Barra says.
By
Matthew Heller
| August 1, 2019
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Financial Performance
GM Posts Earnings Beat, Market Share Slips
The automaker increased sales of pricey pickups by 20% and cut $400 million in costs in Q1, boosting profit despite a 3.4% revenue drop.
By
Matthew Heller
| April 30, 2019
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Financial Performance
GM Raises Guidance, Predicts Strong 2019
The company expects to surpass its 2018 earnings projection and promises higher 2019 earnings.
By
William Sprouse
| January 11, 2019
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Strategy
GM to Idle Plants, Lay Off 8,000 Salaried Staff
The moves are part of GM's effort to position itself for a future of electric and autonomous vehicles.
By
Matthew Heller
| November 26, 2018
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People
GM Names Dhivya Suryadevara as New CFO
Suryadevara's appointment to replace Chuck Stevens puts GM in an elite group of companies that have a woman in both the CEO and CFO roles.
By
Matthew Heller
| June 13, 2018
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Financial Performance
GM Profit Takes Big Hit From Factory Downtime
The automaker has been retooling factories to prepare for the launch of new full-size pickups.
By
Matthew Heller
| April 27, 2018
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Strategy
GM Offers Restructuring Plan for Korea Unit
The automaker would convert around $2.2 billion of GM Korea's debt into equity in exchange for financial support and tax benefits from Seoul.
By
Matthew Heller
| February 21, 2018
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Risk & Compliance
GM Shareholders Reject Stock-Split Proposal
Activist investor Greenlight Capital had said the plan would "help fix GM's inefficient capital structure" and unlock significant shareholder value.
By
Matthew Heller
| June 6, 2017
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Strategy
GM’s Q1 Profit Hits Post-Bankruptcy Record
The results "demonstrate the strong earnings power of this company,” CEO Mary Barra says as profits soar 33% to $2.6 billion.
By
Matthew Heller
| April 28, 2017
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Strategy
GM Sells European Car Operations for $1.3B
"This represents another major step in the ongoing work that is driving our improved performance and accelerating our momentum,” GM CEO Mary Barra says.
By
Matthew Heller
| March 6, 2017
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Strategy
GM Hits Record Profit But Expects Flat Growth
The automaker's stock falls 4.7% even though it reported record sales of $166 billion and earnings per share of $6.00 for 2016.
By
Matthew Heller
| February 7, 2017
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