Mary Barra

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Mary Barra
Mary Barra 2014.jpg
Born Mary Teresa Makela
(1961-12-24) December 24, 1961 (age 62)
Royal Oak, Michigan, U.S.
Education Kettering University (BS)
Stanford University (MBA)
Occupation Chairwoman and CEO of General Motors
Spouse(s) Anthony Barra
Children 2

Mary Teresa Barra (née Makela; born December 24, 1961) is an American businesswoman who has been the chairman and CEO of General Motors Company since January 15, 2014.[1] She is the first female CEO of a major automaker.[2][3][4] On December 10, 2013, GM named her to succeed Dan Akerson as chief executive officer.[2] Prior to being named CEO, Barra served as the executive vice president of Global Product Development, Purchasing, and Supply Chain at General Motors.[2][3]

Early life

Barra was born in Royal Oak, Michigan. Barra's parents are of Finnish descent.[5][6] Barra's ancestors are from the village of Kankaanpää,[7] in Satakunta province in Finland, from the former municipality of Köyliö. Her grandfather, Viktor Mäkelä, moved to the United States and married Maria Luoma, a Finnish immigrant from Teuva. They lived in Minnesota, in the small mining town of Mountain Iron. They had three children, including a son named Reino,[8] also called Ray. Her father Ray married a second-generation Finnish American named Eva Pyykkönen, and Mary was born in 1961. Ray worked for 39 years at the Pontiac car factory in Detroit, and the family lived in Waterford, Michigan. Barra attended Waterford schools in Michigan. She is a graduate of Waterford Mott High School.

Education

Barra graduated from the General Motors Institute (now Kettering University) in 1985, where she obtained a Bachelor of Science degree in electrical engineering.[9] Barra was inducted into the engineering honor society Tau Beta Pi.[10] She then attended Stanford Graduate School of Business on a GM fellowship, receiving her Masters in Business Administration degree in 1990.[11]

Career

General Motors

Barra started working for General Motors in 1980 as a co-op student, when she was 18 years old.[12] Her job was checking fender panels and inspecting hoods, and she used this job to pay for her college tuition.[13] She subsequently held a variety of engineering and administrative positions, including managing the Detroit/Hamtramck Assembly plant.[11]

In February 2008, she became vice president of Global Manufacturing Engineering. In July 2009, she advanced to the position of vice president of Global Human Resources, which she held until February 2011, when she was named executive vice president of Global Product Development.[11][14] The latter position included responsibilities for design; she has worked to reduce the number of automobile platforms in GM.[2] In August 2013, her vice president responsibility was extended to include Global Purchasing and Supply Chain.[15]

When Barra took over as chief executive of General Motors in January 2014, she became the first female head of an automobile manufacturer.[16]

During her first year as CEO, General Motors issued 84 safety recalls involving over 30 million cars.[17] Barra was called before the Senate to testify about the recalls and deaths attributed to the faulty ignition switch.[18] Barra and General Motors also came under suspicion of paying for awards to burnish the CEO and corporation's image during that time.[19] The recalls led to the creation of new policies encouraging workers to report problems they encounter in an attempt to change company culture.[20]

As CEO, Barra made GM move into driverless and electric-powered cars through acquisitions including Strobe, a startup in driverless technology.[21] In 2017 GM began to sell the Chevy Bolt EV, beating rival Tesla to the first electric car priced under $40,000 with a range of 200 miles.[22]

In 2017, Barra was the highest paid Detroit Three executive, with a total remuneration of $21.96 million.[23] In November 2018, Barra announced the closure of five North American plants and 14,000 worker lay offs.[24] Her decision was criticized by President Trump, who threatened to remove the company's government subsidies in response.[24]

Disney

In August 2017, she was elected to the board of Disney.[25][26][27] She was the 12th person elected to this board, and the fourth woman.[28]

Other boards and councils

Barra was a member of the General Dynamics board of directors. She serves on the board of directors of the Detroit Economic Club and Detroit Country Day School.[29][30][31] She is a member of the Stanford University Board of Trustees, the Stanford Graduate School of Business Advisory Council, and the Duke University Board of Trustees.[32][33]

Awards and honors

Barra was listed as 35th on Forbes Most Powerful Women list in 2013, rising in rank to fourth most powerful in 2018.[34]

In May 2014, she delivered the commencement address for University of Michigan's Ann Arbor campus at Michigan Stadium, and received an honorary degree.[35] In 2018, she received an honorary Doctorate from Duke University.

Barra was first in Fortune's Most Powerful Women list in 2015, up from second the year before.[36]

She remained in the number one spot in Fortune's Most Powerful Women of 2017[37] and Number 5 on Forbes World's 100 Most Powerful Women List in the same year.[38]

In April 2014, Barra was featured on the cover of Time's "100 Most Influential People in the World."[39]

In December 2016, Barra joined a business forum assembled by then President-Elect Donald Trump to provide strategic and policy advice on economic issues.[40] However, she left the forum in 2017, following Trump's response to the Charlottesville protests.

Barra was elected to the National Academy of Engineering in February 2018.[41][42] In September 2018, Barra was awarded the Yale Chief Executive Leadership Institute's Legend in Leadership Award.[43]

In Institutional Investor's yearly survey of top executives, the 2019 All-America Executive Team, Barra achieved the first place in the autos and auto parts sector.[44]

Personal life

Barra is married to consultant Tony Barra, whom she met while studying at Kettering University, and has two children and two dogs.[2] They live in Northville, a suburb of Detroit. She also owns an apartment in Downtown Detroit[45]

She has named the Chevrolet Camaro and the Pontiac Firebird as her favorite cars.[12] Barra can speak a little Finnish.[46]

References

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  16. ↑ Rebuilding a Giant: Mary Barra, CEO, General Motors, New Corner, June 5, 2015
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  46. ↑ Lua error in package.lua at line 80: module 'strict' not found.
Business positions
Preceded by CEO of General Motors
since January 15, 2014		 Succeeded by
current
Preceded by Chairmen of the Board of General Motors
since January 4, 2016		 Succeeded by
current
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