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Rick Wagoner
George Richard "Rick" Wagoner Jr. (born February 9, 1953) is an American businessman and former chair and chief executive officer of General Motors. Wagoner resigned as chairman and CEO at General Motors on March 29, 2009, at the request of the White House. The latter part of Wagoner's tenure as CEO of General Motors found him under heavy criticism as the market valuation of GM went down by more than 90% and the company lost more than US$82 billion. He is a board member of ChargePoint, an electric vehicle infrastructure company. Family and education Wagoner was born in Wilmington, Delaware and grew up in Richmond, Virginia. He graduated from John Randolph Tucker High School there, where he was named "Best All Around" student in his graduating class. He received a BA in Economics from Duke University in 1975. He then attended Harvard Business School, from which he received an MBA in 1977. He is married and has three adult sons. While at Duke, he became a member of ...
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Wilmington, Delaware
Wilmington (Lenape: ''Paxahakink /'' ''Pakehakink)'' is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one of the major cities in the Delaware Valley metropolitan area. Wilmington was named by Proprietor Thomas Penn after his friend Spencer Compton, Earl of Wilmington, who was prime minister during the reign of George II of Great Britain. At the 2020 census, the city's population was 70,898. The Wilmington Metropolitan Division, comprising New Castle County, Delaware, Cecil County, Maryland and Salem County, New Jersey, had an estimated 2016 population of 719,887. Wilmington is part of the Delaware Valley metropolitan statistical area, which also includes Philadelphia, Reading, Camden, and other urban ar ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the List of countries and dependencies by population, seventh most populous. Its capital is Brasília, and List of cities in Brazil by population, its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-major ...
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YourMechanic
YourMechanic is an American company that provides mobile automotive repair and maintenance services to vehicle owners at their location, such as their home or office. The privately held startup company was originally based in Mountain View, California before being acquired in June of 2022 by Wrench, a mobile automotive repair startup company based in Seattle, Washington. YourMechanic currently operates in 2,363 cities within the United States, offering 719 unique services performed by certified mechanics. Most mechanics are certified by National Institute for Automotive Service Excellence (ASE) and some are certified by similar organizations and/or have dealership or factory training. A new customer can review mechanics’ certifications during the booking process in addition to experience, work history, jobs completed for other car owners, fees paid by other car owners, and customers ratings and reviews. Mechanics undergo background, criminal, and reference checks. History * ...
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Silicon Valley
Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County and Santa Clara County. San Jose is Silicon Valley's largest city, the third-largest in California, and the tenth-largest in the United States; other major Silicon Valley cities include Sunnyvale, Santa Clara, Redwood City, Mountain View, Palo Alto, Menlo Park, and Cupertino. The San Jose Metropolitan Area has the third-highest GDP per capita in the world (after Zurich, Switzerland and Oslo, Norway), according to the Brookings Institution, and, as of June 2021, has the highest percentage of homes valued at $1 million or more in the United States. Silicon Valley is home to many of the world's largest high-tech corporations, including the headquarters of more than 30 businesses in the Fortune 1000, and thousands of startup com ...
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Fritz Henderson
Frederick Arthur "Fritz" Henderson (born November 29, 1958) was President and Chief Executive Officer of General Motors. Prior to his appointment as CEO on March 31, 2009, Henderson was the Vice President of General Motors and had been with the company since 1984. Frederick Henderson resigned as the CEO of General Motors on December 1, 2009. He replaced Rick Wagoner as CEO of GM when Wagoner stepped down after serving in that position for eight years, at the request of President Barack Obama in relation to the General Motors Chapter 11 reorganization. Henderson assumed the new position on March 31, 2009. Early life and education Henderson was born in Detroit, Michigan. He is a 1976 graduate of Lake Orion High School in Lake Orion, Michigan. He holds a Bachelor of Business Administration degree from the University of Michigan's Ross School of Business and a Master of Business Administration degree from Harvard Business School. During his time at Michigan, Henderson pitched for t ...
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Robert Nardelli
Robert Louis Nardelli (born May 17, 1948) is an American businessman who was the CEO of Freedom Group from September 2010 to March 2012. Prior to that role, Nardelli served as chairman and CEO of Chrysler from August 2007 to April 2009 and CEO of The Home Depot from December 2000 to January 2007. Before joining The Home Depot, Nardelli spent most of his career at General Electric and had risen to become one of the top three executives competing to succeed Jack Welch. Early life Born in Old Forge, Lackawanna County, Pennsylvania, Nardelli attended Rockford Auburn High School in Rockford, Illinois and received his Bachelor of Science in business from Western Illinois University in Macomb, where he was a member of the Tau Kappa Epsilon fraternity. Nardelli also earned an MBA from the University of Louisville. He is married to Susan L. Schmulbach with four children and attends Roman Catholic church. Career General Electric He joined General Electric in 1971 as an entry-lev ...
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Alan Mulally
Alan Roger Mulally (born August 4, 1945) is an American aerospace engineer and manufacturing executive. He is the former President and Chief Executive Officer of the Ford Motor Company. He retired from Ford Motor Company on July 1, 2014. Ford had been struggling during the late-2000s recession, returned to profitability under Mulally, and was the only American major car manufacturer to avoid a bailout fund provided by the government. Mulally's achievements at Ford are chronicled in the book '' American Icon: Alan Mulally and the Fight to Save Ford Motor Company'' by Bryce G. Hoffman, published in 2012. On July 15, 2014, he was appointed to the Board of Directors of Google. Mulally was the executive vice president of Boeing and the CEO of Boeing Commercial Airplanes (BCA). He began his career with Boeing as an engineer in 1969 and was largely credited with BCA's resurgence against Airbus in the mid-2000s. In 2015, Mulally was inducted into the International Air & Space Hall of ...
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Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term ''bankruptcy'' is therefore not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian ''banca rotta'', literally meaning "broken bank". The term is often described as having originated in renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment so that the public could see that the banker, the owner of the bench, was no longer in a condition to continue his business, although some dismiss this as a false etymology. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into ...
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Bob Lutz (businessman)
Robert Anthony Lutz (born February 12, 1932) is a Swiss American automotive executive. He served as a top leader of all of the United States Big Three automobile manufacturers, having been in succession executive vice president (and board member) of Ford Motor Company, president and then vice chairman (and board member) of Chrysler Corporation, and vice chairman of General Motors. Early life Lutz was born in Zürich, Switzerland, the son of Margaret and Robert Harry Lutz. His father was a vice chairman of Credit Suisse. Lutz left Switzerland at the age of seven and spent time in Scarsdale, New York, becoming a U.S. citizen in 1943, and returned to Switzerland in 1947 to attend school in Lausanne. He is fluent in English, Swiss German, German, French and has a modest fluency in Italian. Lutz received a bachelor's degree in production management in 1961, followed by an MBA with a concentration in marketing with highest honors in 1962, both from the University of California, B ...
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Hybrid Vehicle
A hybrid vehicle is one that uses two or more distinct types of power, such as submarines that use diesel when surfaced and batteries when submerged. Other means to store energy include pressurized fluid in hydraulic hybrids. The basic principle with hybrid vehicles is that the different motors work better at different speeds; the electric motor is more efficient at producing torque, or turning power, and the combustion engine is better for maintaining high speed than a typical electric motor. Switching from one to the other at the proper time while speeding up yields a win-win in terms of energy efficiency, such that it translates into greater fuel efficiency. Vehicle types Two-wheeled and cycle-type vehicles Mopeds, electric bicycles, and even electric kick scooters are a simple form of a hybrid, powered by an internal combustion engine or electric motor and the rider's muscles. Early prototype motorcycles in the late 19th century used the same principle. * In a par ...
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Electric Car
An electric car, battery electric car, or all-electric car is an automobile that is propelled by one or more electric motors, using only energy stored in batteries. Compared to internal combustion engine (ICE) vehicles, electric cars are quieter, have no exhaust emissions, and lower emissions overall. In the United States and the European Union, as of 2020, the total cost of ownership of recent electric vehicles is cheaper than that of equivalent ICE cars, due to lower fueling and maintenance costs. Charging an electric car can be done at a variety of charging stations; these charging stations can be installed in both houses and public areas. Worldwide, 6.6 million plug-in electric cars were sold in 2021, more than doubling 2020 sales, and achieving a market share of 9% of the global new car market. All-electric cars represented 71% of plug-in car sales in 2021. , 16 million plug-in electric cars were on the world's roads. Many countries have established government i ...
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