General Motors Company has announced that it has appointed eBay President and CEO Devin Wenig to its Board of Directors.
“Devin brings significant expertise in technology, global operations and strategic planning to our board,” said GM Chairman and CEO Mary Barra. “His experience in customer-facing roles and insights into digital marketplaces will enhance our current and future business priorities at a critical time in the company’s journey.”
51 year-old Wenig was appointed president and chief executive officer of eBay in July 2015. He joined the company in 2011 to oversee its Marketplace business as its president. Before joining eBay, he spent more than 18 years at Thomson Reuters, and was chief executive officer of Thomson Reuters Markets for the last four years of his career there.
Wenig has a bachelor’s degree from Union College and a Juris Doctor from Columbia University Law School. He is a co-chair of the Governors of the Consumer Industries for the World Economic Forum, member of the Business Council and a trustee of the Paley Media Center.
The appointment of Wenig to the board’s list of nominees will bring GM’s Board of Directors count to 11 members, 10 of whom are non-employee directors, with Mary Barra being the sole exception. Wenig’s appointment will stand for election at GM’s 2018 Annual Shareholders Meeting on June 12th, 2018.
Comment
So he is a genius when it comes to finance, but doesn’t know a damn thing about automobiles. I seem to recall a previous GM CEO who knew everything about basketball, but nothing about automobiles. He led the company into bankruptcy. If Henry Ford, William Durant, Henry Leland, Edsel Ford, and Walter Chrysler were not “car guys” would the car companies have ever gotten started. Automobile companies need “car guys” not financiers, to keep it real.