General Motor Co.’s surprise announcement today that board-member Daniel Akerson will replace Ed Whitacre as CEO catches industry observers off guard and leaves some scratching their heads. “It’s a bad move, and it’s a surprise,” says Gerald Meyers, former American Motors Corp. CEO and now a consultant and professor of business management at the University of Michigan. “The replacement is an unknown, unexpected person of undetermined capabilities for that job,” Meyers tells Ward’s. ...
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