General Motors chief executive officer Mary Barra, Detroit Mayor Mike Dugga and the city’s former emergency manager, Kevyn Orr have been honored by Fortune magazine, naming them among the world’s 50 greatest leaders today.
Both Detroit city officials were indicted as a recognition for their implication in resolving the Motor City’s historic financial crisis and the process emerging from the city’s Chapter 9 bankruptcy. They both made the list of people Fortune claims are now “transforming business, government, philanthropy, and so much more,” landing on the 20th position. Meanwhile, the leader of the largest US automaker and the third biggest in the world, GM’s Mary Barra, jumped ahead to place No.9, being judged as a leader that met “the demands of investors, regulators, customers, plaintiffs, and employees on one of the business world’s most visible stages”, with the automaker navigating the shallow waters of last year’s ignition-switch safety debacle.
The magazine continued to commend the executive – the first female leading a global automaker – for her “insistence on greater openness” that killed the automaker’s traditional downplaying of such crises and that she is trying hard to complete a massive transformation of an aging culture. GM last year announced a recall of 2.6 million autos that had a defective ignition switch, also acknowledging it was at least a decade late in calling for a safety campaign. The initial recall led to the biggest string of recalls in GM history, signaling a deep transformation of the automaker’s vehicle safety policy.