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s current CFO
Thursday, November 22, 2012, 10:27 AM
[General]
It was the biggest IPO in U.S. history —,telephone number,louis vuitton online shop; raising $20.1 billion in common and preferred shares of stock —; and it was to many a financial milestone capable of revealing to the world GM’s renewed financial clout.
Not so fast. When qualifying financial milestones, we are reminded that there exists a stark distinction between those achieved by a company’s financial inner workings and those achieved by the hubris of Wall Street. For me, there’s little question that GM’s milestone emanated from the latter.
To date, the renewal of GM’s finance function remains very much a work-in-progress. GM’,louis vuitton tassen;s current CFO, Chris Liddell,Louis Vuitton goedkoop, arrived from Microsoft only a year ago, and in the best latter-day GM tradition he’s already on his second boss (Dan Akerson was named CEO this past September). This is not to say that Liddell isn’t up to the task of restoring the automaker’s faltering finance function. However, GM will need to demonstrate a commitment to leadership that is not confined to the CEO suite.
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