General Motors (GM) Investment Case Requires Strategy Change - Morgan Stanley
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October 6, 2021 4:41 PM EDT
General Motors Co. (NYSE: GM) today provided a detailed roadmap of how the company plans to double its annual revenue and expand margins to 12 to 14 percent by 2030, as a result of GM's transformation into a growth company driven by EVs, connected services and new businesses.
"GM has changed the world before and we're doing it again," said GM Chair and CEO Mary Barra. "We have multiple drivers of long-term growth and I've never been more confident or excited about the opportunities ahead."
GM concluded the first of two days of... More
October 6, 2021 5:31 AM EDT
General Motors Co. (NYSE: GM) announced today that transformational technology leader Aneel Bhusri, the co-founder, co-CEO and chairman of Workday, Inc., is joining its Board of Directors.
GM now has 13 directors with the addition of Bhusri. The company's 12 independent directors have senior leadership and board experience in manufacturing, information technology, digital commerce, retail, higher education, investment management, international affairs, defense, transportation, cybersecurity, and pharmaceuticals, among other fields. Six of GM's independent directors are women.
"Aneel's entrepreneurial... More
