Wednesday, August 8, 2012

Ewanick's crafty budgeting, Farley Award, led to ousting

Ewanick's crafty budgeting, Farley Award, led to ousting

In the end it doesn't really matter, as Joel Ewanick is no longer working at General Motors. But curiosity over what led to his departure is still keen, and this latest story from Bloomberg offers further insight into the situation. While we all know that Ewanick was something of a rogue within GM's still-conservative corporate culture, cutting deals that broke with tradition, mouthing off about Facebook, and deciding that Super Bowl ad rates are too high, that's ostensibly what he was hired to do.

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