Rick Wagoner

(George Richard "Rick" Wagoner Jr.)

Rick Wagoner
Rick Wagoner
  • Born: February 9, 1953
  • Nationality: American
  • Profession: Businessman, Formerly Chairman & CEO Of, General Motors (2000-2009)









George Richard "Rick" Wagoner Jr. is an American businessman and former Chairman and Chief Executive Officer of General Motors. Wagoner resigned as Chairman and CEO at General Motors on March 29, 2009, at the request of the White House. The latter part of Wagoner's tenure as CEO of General Motors found him under heavy criticism as the market valuation of GM went down by more than 90% and the company lost more than $82 billion USD. This led to him being named one of the worst CEOs of 2008. He is a board member of ChargePoint, an electric vehicle infrastructure company.

Quotes About
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A lot of other things come along with Chapter 11, which basically end up in a lot of pain.
All this improvement is great, but all that does is get us in the game to play for improvements that we need in the future, so that we can be aggressive in the marketplace. Future
Don't worry about planning every step of your life. Life
Ford, as I understand it, had done away with the concept of regional management, and now they've re-introduced that in Europe, so it's kind of a two-way street.
Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.
History shows you don't know what the future brings. Future ;History
Honestly, I can't tell you what I what I would be doing if I wasn't chairman of GM, because this is all I've done.
I remember very clearly at the first budget review having a pretty direct conversation with the head of manufacturing... We began to get huge improvements in productivity and responsiveness. I got a chance to see that firsthand.
I was willing to go just about anywhere in the U.S. for the best job - except New York City. Of course, I received a job offer from GM - in New York City.
I'm like Sergeant Schultz, I know nothing. We are trying to share ideas around the world. We don't just come up with a great idea in Brazil and ignore it in the rest of the world.
I'm not sure we think it's a win to talk about what you're taking out.
It's fine if you're making 1,000 or 2,000 of an electric car, and I think there is value in that in a lot of ways, but it's not going to have a big dent in oil consumption in the country, or CO2 emissions.
Most of the model consolidation we've done is behind us. There will be some fine tuning.
On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I 'step aside' as CEO of GM, and so I have.
The big and the fast beat the small and the fast. If you check out the NBA today, they're big and fast.
There are some things that I like, like education, wine, and I'd like to be a good cook, although I'm a pretty good eater now. Education, Learning, Knowledge & Training
This is a game that's going to play as long as you're playing it. It's never going to end. It'll go until I retire, and when the next person has the job, they'll be on it too.
We believe in fair exchange rates and Japan doesn't practice that. They have massive U.S. dollar reserves, and they use them to intervene regularly.
We don't always agree on stuff, but when it's time to blow the whistle and start the game, we're not still debating. Time
What I've seen around the world is if the regulatory desires are combined with things that affect consumer behavior - such as in Europe, they tax gasoline very heavily - you do get people to move to very fuel efficient cars; trade off bigger vs. smaller cars.