GM CEO Mary Barra Set To Be First Woman To Lead Business Roundtable


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General Motors Co (NYSE:GM) CEO Mary Barra has been named the chairperson of the Business Roundtable, a nonprofit lobbyist association based in Washington, D.C. whose members are chief executive officers of major United States companies.

What Happened: Barra would be the first woman in nearly five decades to take charge as head of the Business Roundtable. She will begin a two-year term in January.

Barra succeeds Walmart Inc (NYSE:WMT) CEO Doug McMillon; she joined the Roundtable in 2017 and currently serves as chair of the education and workforce committee.

“Her understanding of America’s workforce and vision for the future is the exact perspective the Roundtable needs as we continue to work with Congress and the Administration on public policies for tomorrow,” McMillon said in a statement.

See Also: Mary Barra Says General Motors Is Moving To Electric Vehicles 'As Quickly As Possible'

Why It Matters: Barra began her career with GM in 1980 as a co-op student and then rose the ranks to be named the CEO in 2014. Her appointment comes at a crucial time as the U.S. economy and companies navigate through the challenges thrown by the COVID-19 pandemic.

In her current role at the coalition, Barra has engaged Roundtable CEOs and policymakers on policies and business initiatives designed for American workers.

Price Action: GM shares closed 0.15% higher at $52.93 on Wednesday. 

For news coverage in French, Italian, or Spanish, check out Benzinga FranceBenzinga Italia, or Benzinga España.
Photo: Courtesy of GPA Photo Archive via Flickr


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: NewsTechMediaautomakersBusiness RoundtableMary Barra