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Akerson Says Brass Misinterpreted Signs

In a gigantic understatement, former General Motors chairman and CEO Dan Akerson says the automaker’s ignition switch recall crisis shows that corporate culture issues were far more serious than executives realized. Akerson left in January to care for his wife, who has cancer. “I think we all… didn’t fully realize how deep some of the problems ran,” said Akerson. “I think we built a good foundation. I think the company needed a lot of change, and I said a lot of that culture wasn’t where we wanted it to be.”

Read the whole story at Detroit News »

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