GM CEO Dan Akerson Purchases Nearly $1M In Company Stock

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Dan Akerson NADA Forum

General Motors CEO Dan Akerson is reassuring that he is doing his job right by purchasing $939,000, or 30,000 shares worth of GM stock with his own money. Chances are that he doesn’t want to see that money go to waste, so this move really plays to his overall confidence level in the company, even though its stock has fallen just under its original IPO price for some time now. According to The Detroit News, Akerson’s current stock total is sitting pretty at 50,000 total shares.

Source: The Detroit News

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— Manoli Katakis

Manny is the lead GM Authority writer and provides on-site coverage of GM events as well as road tests of GM's new products.

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