{"id":3870,"date":"2009-12-02T18:23:00","date_gmt":"2009-12-02T23:23:00","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=3870"},"modified":"2011-02-17T16:46:31","modified_gmt":"2011-02-17T21:46:31","slug":"gm-board-sacks-new-ceo","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2009\/12\/02\/gm-board-sacks-new-ceo\/","title":{"rendered":"GM board sacks new CEO"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-3871\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/12\/GM-logo-150x150.jpg\" alt=\"GM logo\" width=\"150\" height=\"150\" srcset=\"https:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/12\/GM-logo-150x150.jpg 150w, https:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/12\/GM-logo-300x300.jpg 300w, https:\/\/blogs-devl.bu.edu\/bunow\/files\/2009\/12\/GM-logo.jpg 591w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>Only eight months after General Motors&#8217; new owners &#8212; the U.S. government &#8212; replaced the old CEO, the GM <a title=\"board canned\" href=\"http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2009\/12\/02\/AR2009120200540.html\" target=\"_blank\">board canned <\/a>that CEO\u00a0 in an effort to accelerate paying back taxpayers for the loans that kept the automaker afloat.\u00a0 School of Management Dean <a title=\"Lou Lataif\" href=\"http:\/\/management.bu.edu\/about\/dean\/bio.html\" target=\"_blank\">Lou Lataif<\/a>, a former Ford Motor Company senior executive, says the moves reflect the government&#8217;s impatience.<\/p>\n<p><em>&#8220;What we are seeing is that the U.S. government, as a direct investor, may be even more impatient that private investors because of political pressures to repay the taxpayers.&#8221;<\/em><\/p>\n<p>Contact Lou Lataif, 617-353-2668, <a href=\"mailto:lelataif@bu.edu\">lelataif@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Only eight months after General Motors&#8217; new owners &#8212; the U.S. government &#8212; replaced the old CEO, the GM board canned that CEO\u00a0 in an effort to accelerate paying back taxpayers for the loans that kept the automaker afloat.\u00a0 School of Management Dean Lou Lataif, a former Ford Motor Company senior executive, says the moves [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[217,897],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3870"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=3870"}],"version-history":[{"count":5,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3870\/revisions"}],"predecessor-version":[{"id":8257,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/3870\/revisions\/8257"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=3870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=3870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=3870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}