Quibi CEO Meg Whitman speaks throughout a Quibi keynote deal with on the 2020 CES in Las Vegas, Nevada, January 8, 2020.
Steve Marcus | Reuters
The elections come at a pivotal time for the automaker, which plans to transition to an all-electrical automobile lineup by 2035. That started final yr with GM asserting plans to launch 30 new EVs globally by 2025 below a $27 billion funding in electrical and autonomous automobiles throughout that time-frame.
They convey GM’s board to 13 members, 12 of whom are impartial administrators. GM CEO and Chairman Mary Barra is the one firm consultant on the board.
“Our diverse Board of Directors is a competitive advantage for GM as we work to deliver a better, safer and more sustainable world,” Barra mentioned in a press release Thursday. “Mark and Meg will bring unique experiences to the board, especially in technology, brand building and customer experience that will help us drive value for shareholders and other GM stakeholders now and into the future.”
Whitman, 64, is well-known in Silicon Valley and tech circles. She was most lately president of short-lived streaming platform Quibi. She led HPE from 2015 to 2018, Hewlett-Packard Co. from 2011 to 2015 and eBay from 1998 by means of 2008. She’s identified for turning round eBay and splitting Hewlett-Packard into two corporations.
“I have tremendous respect for the commitments Mary and her team are making and the culture they have been building,” Whitman mentioned in a launch. “GM’s growth strategy has all the elements of a startup but with far greater scale, millions of customers, and a strong underlying business. This makes it a very exciting time to join the board.”
Tatum, 51, was appointed COO and deputy commissioner of the NBA in 2014. He is answerable for the NBA’s international enterprise operations.
NBA Deputy Commissioner Mark Tatum.
Jesse D. Garrabrant | NBAE | Getty Images
“GM is changing a more than 100-year-old business model and marshalling thousands of people and billions of dollars to drive solutions that matter for the environment ,communities, businesses and investors,” he mentioned in a press release. Joining the board, he mentioned “is an honor and I look forward to working with the GM team and my fellow directors to make it happen.”
Whitman and Tatum add to GM’s already-diverse board below Barra. Of the 13 administrators, seven are ladies, one is Hispanic, one is African American and one other is Asian/African American. The automaker turned the primary main industrial company with a fair gender break up on its board, adopted by a majority of girls administrators in 2019.
The board will stand for election on the firm’s annual shareholders assembly on June 14.