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Business Briefing / Autos

GM announces revamped board

July 24, 2009|Times Wire Reports

General Motors Co. announced TPG Capital founder David Bonderman and Carlyle Group's Daniel Akerson as among the government appointees on the reorganized board shaping the post-bankruptcy future of America's biggest automaker.

They were joined by two former chief executives -- Robert D. Krebs of Burlington Northern Santa Fe Corp., and Patricia F. Russo of Alcatel-Lucent -- and Carol Stephenson, a Canadian business school dean, as GM finished overhauling its leadership after a U.S.-backed restructuring.

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