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By consolidating all brands (Buick, Pontiac and GMC) into one entity for dealerships.

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17y ago

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In 1999, the CEO of General Motors was Rick Wagoner. He took over the role in June 2000, having previously served as the company's president and chief operating officer. Wagoner played a significant role in the company's strategies during a challenging period for the automotive industry.


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Rick Wagoner has: Played himself in "Face the Nation" in 1954. Played Himself - General Motors (segment "The Ethanol Solution") in "60 Minutes" in 1968. Played Himself - CEO, General Motors in "Frontline" in 1983. Played himself in "This Week" in 1996. Played himself in "The Journal Editorial Report" in 2004. Played Himself - CEO, General Motors in "Revenge of the Electric Car" in 2011.


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As of my last update, Rick Wagoner, the former CEO of General Motors, had an estimated net worth of around $100 million. However, net worth figures can fluctuate over time due to changes in investments, assets, and market conditions. For the most current information, it's advisable to consult recent financial news or reports.


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From CNN Money 12/4/2008Source: http://money.cnn.com/2008/12/02/news/companies/automakers_plans/index.htm?cnn=yes"Salary cuts:As part of its plan, Ford announced that the salary of Ford CEO Alan Mulally would be cut to $1 a year if Ford (...) actually borrowed money from the government.General Motors (...) said that CEO Rick Wagoner also will accept a $1 salary. Chrysler LLC CEO Robert Nardelli is already being paid only $1 a year, according to the Chrysler plan.(Ford CEO) Mulally had a base salary of $2 million and total compensation of $21.7 million last year, according to the company's filings.(GM CEO) Wagoner received base pay of $1.6 million and total compensation of $14.4 million.Closely-held Chrysler does not disclose executive pay."


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