Age, Biography and Wiki

Daniel Akerson (Daniel Francis Akerson) was born on 31 October, 1948 in Oakland, California, United States, is a Former Chairman & CEO of General Motors. Discover Daniel Akerson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 75 years old?

Popular As Daniel Francis Akerson
Occupation Businessman
Age 75 years old
Zodiac Sign Scorpio
Born 31 October, 1948
Birthday 31 October
Birthplace Oakland, California, United States
Nationality United States

We recommend you to check the complete list of Famous People born on 31 October. He is a member of famous Former with the age 75 years old group.

Daniel Akerson Height, Weight & Measurements

At 75 years old, Daniel Akerson height not available right now. We will update Daniel Akerson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
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Who Is Daniel Akerson's Wife?

His wife is Married

Family
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Wife Married
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Daniel Akerson Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Daniel Akerson worth at the age of 75 years old? Daniel Akerson’s income source is mostly from being a successful Former. He is from United States. We have estimated Daniel Akerson's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Former

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Timeline

1948

Daniel Francis Akerson (born October 21, 1948) is the former chairman and CEO of General Motors, serving from 2010 to 2014.

1970

He holds a Bachelor of Science degree in engineering from the United States Naval Academy (Class of 1970) and a Master of Science degree in economics from the London School of Economics.

Akerson served as an officer on a Naval destroyer from 1970-1975.

Akerson's maternal grandparents are German and his paternal grandparents are Swedish.

1983

Akerson joined MCI Inc. in 1983 where he served as the CFO for several years as well as President and Chief Operating Officer.

1993

He left MCI in 1993 to become chairman and chief executive of General Instrument, where he succeeded former United States Secretary of Defense Donald Rumsfeld.

1996

In 1996, Akerson was hired to be the chief executive of Nextel.

1998

During his tenure as CEO, Nextel's revenues grew from $171.7 million in the year before his arrival to more than $3.3 billion in 1998.

1999

Shortly after stepping down as CEO of Nextel in July 1999, Akerson was brought in by Craig McCaw to run Nextlink Communications, later rebranded as XO Communications.

2002

XO Communications entered bankruptcy in June 2002, and Akerson resigned as CEO in December 2002.

2003

Akerson joined The Carlyle Group in 2003.

While at The Carlyle Group, Akerson ran the company's largest private equity fund.

2009

He joined the General Motors board of directors on July 24, 2009.

In July 2009, Akerson was named to the board of directors of General Motors as a representative of the U.S. Treasury, which at the time owned a 61% stake in GM.

2010

Akerson succeeded Edward Whitacre as CEO on September 1, 2010, and became chairman of the board on January 1, 2011.

He was succeeded by General Motors CEO Mary Barra.

Akerson was a managing director of The Carlyle Group and head of global buyout prior to joining General Motors.

On August 12, 2010, it was announced that Akerson would be the successor of Ed Whitacre as CEO of General Motors, starting September 1, 2010, and would also assume the Chairman of the Board position on January 1, 2011.

2011

During Akerson's first year of tenure in 2011, General Motors earned a record $7.6 billion in profit off of $150.3 billion in sales.

2013

In December 2013, the U.S. Treasury sold its final remaining shares of GM common stock.

In April 2013, investors began to speculate that the 64-year-old executive may be considering retirement.

The speculation was based solely on changes to Akerson's compensation plan at GM.

On December 10, 2013, GM announced that Akerson will be replaced as CEO of GM by Mary Barra, effective January 15, 2014.

2014

Akerson also serves on the boards of American Express and the U.S. Naval Academy Foundation, and in 2014 joined The Carlyle Group as a Vice Chairman and Special Advisor to the Board of Directors.

Akerson was born in Oakland, California, grew up in Mankato, Minnesota, and currently resides in McLean, Virginia.

It is reported that Akerson's retirement was expedited by his wife's advanced stage cancer, however on March 1, 2014, The Carlyle Group announced that Akerson rejoined the firm as Vice Chairman and Special Advisor to the Board of Directors.

As of February 2014, Akerson serves on the board of directors at Lockheed Martin.

2016

In August 2016, Akerson announced that he would—for the first time in his life—not vote for the Republican presidential candidate.

In an op-ed piece for The Washington Post, Akerson excoriated Donald Trump on a wide range of issues, while praising Hillary Clinton.