Until two years ago, Mary Barra, the incoming CEO of General Motors, was little known outside the automaker. But her rapid rise inside the company, including a 2011 promotion to senior vice-president, was signalled more than a decade ago.
Barra, a 33-year GM veteran who turns 52 on Christmas Eve, was marked for future success in the company’s “Progression and Succession” reviews, annual surveys designed to identify young high-potential employees, former GM executives said.
“She was always at the top of that list” in the late 1990s, said Don Hackworth, who retired as head of GM’s North American Car Group in 2001.
Barra’s early identification as a “high-pot” executive led to a job in the corporate suite, as vice-chairman Harry Pearce’s assistant, when she was still in her 30s.
“It was a great opportunity to get an overview of how the corporation works,” said Michael Losh, GM’s former chief financial officer.
Barra’s long tenure at GM — the Michigan native started as an 18-year-old engineering intern at Pontiac, where her father was a die maker for nearly four decades — might have raised suspicions that she was too much a part of the old regime, which was forced to seek bankruptcy protection and a US government bailout in 2009.
But “she wasn’t part of the established order that destroyed the company”, said a Wall Street investment banker who has worked with GM for decades. “She’s the best of the ‘old GM’ and she’s a pretty modern thinker in terms of how to compete in today’s world.”
Former GM executive Lynn Myers, one of the first women in Detroit to run a car division before her 2004 retirement, said: “This is not business as usual at GM. It’s not like the past. Mary is not afraid to shake the bushes.”
Executives cite Barra’s “radical” restructuring over the past two years of GM’s sprawling and often dysfunctional global product development organisation.
“She does what she thinks is necessary to take action if something needs fixing,” said Gary Cowger, GM’s former group vice-president who retired in 2010.
Barra, the mother of a teenage son and daughter, is described by those who know her