UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549-1004
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) April 13, 2010
GENERAL MOTORS COMPANY
(Exact Name of Registrant as Specified in its Charter)
| 333-160471 | DELAWARE | 27-0756180 | ||
| (Commission File Number) | (State or other jurisdiction of incorporation) |
(I.R.S. Employer Identification No.) |
| 300 Renaissance Center, Detroit, Michigan | 48265-3000 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(313) 556-5000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17-CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On April 13, 2010 the Board of Directors of General Motors Company (“GM”) appointed Cynthia A. Telles as a member of the Board. Like the other members of the Board, Dr. Telles will receive an annual retainer of $200,000 for her service on the Board, as well as the use of a company vehicle and related personal accident insurance. She has not been named to any committees of the Board.
Dr. Telles’ husband, Robert Hertzberg, is a partner in the global law firm of Mayer Brown LLP, which has provided legal representation to GM in connection with various matters for many years. GM anticipates that it will continue to engage Mayer Brown to provide legal counsel from time to time as appropriate. In 2009, GM paid Mayer Brown approximately $1.3 million for legal services. Mr. Hertzberg has not personally worked on any GM matters.
| Item 9.01. | Financial Statements and Exhibits |
| Number |
Description | |
| 99 | Press Release dated April 13, 2010 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GENERAL MOTORS COMPANY (Registrant) | ||||||
| Date: April 19, 2010 | By: | /S/ NICK S. CYPRUS | ||||
| Nick S. Cyprus | ||||||
| Vice President, Controller and Chief Accounting Officer | ||||||
Exhibit 99
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| News For Release: April 13, 2010, 12:00 p.m. Eastern time |
General Motors Company |
GM Communications Detroit, Mich., USA media.gm.com | ||||
GM Appoints New Board Member
Dr. Cynthia A. Telles joins the GM Board of Directors
DETROIT – General Motors Company today announced the appointment of Dr. Cynthia A. Telles to its board of directors.
Dr. Telles, 57, has been on the faculty of the University of California, Los Angeles School of Medicine Department of Psychiatry since 1986. She is currently the Director of the UCLA Neuropsychiatric Institute Spanish-Speaking Psychosocial Clinic. Among many corporate, non – profit, and public service board memberships, Dr. Telles was recently appointed to the White House Commission on Presidential Scholars by President Obama. Dr. Telles was also appointed to the National Advisory Council of the Substance Abuse and Mental Health Services Administration, the advisory group on Health Care Reform, and the Regional Selection Panel for the White House Fellows Program during the Clinton Administration.
Her work has been published extensively in the area of mental health, particularly with respect to the assessment and treatment of Hispanic populations. Dr. Telles received her B.A. from Smith College and doctorate in Clinical Psychology from Boston University.
Dr. Telles currently is a member of the board of the Kaiser Foundation Health Plan and Hospitals (Kaiser Permanente) and Americas United Bank, which she has served on since its inception. The bank is the largest Hispanic-owned bank based in California. She previously served on the boards of Burlington Northern Santa Fe Corporation and Sanwa Bank California (United California Bank).
‘The addition of Dr. Telles to GM’s board of directors ensures that the company will continue to benefit from a diversity of perspectives and experience in our mission to provide consumers with the world’s best vehicles,’ said CEO and Board Chairman Ed Whitacre.
Dr. Telles’ appointment brings the number of GM directors to 13. In addition to Ed Whitacre, the other board members include lead director, Patricia Russo, former CEO Alcatel-Lucent; Carol Stephenson, dean of Richard Ivey School of Business at University of Western Ontario; Daniel Akerson, managing director and head of Global Buyout of The Carlyle Group; David Bonderman, co-founding partner and managing general partner of TPG; Robert Krebs, retired chairman and CEO of Burlington Northern Santa Fe; Stephen Girsky, GM vice chairman, Corporate Strategy and Business Development.; Erroll Davis, chancellor, University System of Georgia; Neville Isdell, retired chairman and CEO, The Coca-Cola Company; Kent Kresa, chairman emeritus, Northrop Grumman Corp.; Philip Laskawy, retired chairman and CEO, Ernst & Young LLP; Kathryn Marinello, former chairman and CEO, Ceridian Corp.
About General Motors
General Motors, one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 217,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, FAW, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM’s largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at www.gm.com.
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Contacts:
Reneé Rashid-Merem
313-665-3128 (office)
313-701-8560 (cell)
renee.rashid-merem@gm.com
Noreen Pratscher
313-665-3250 (office)
586-899-2760 (cell)
noreen.pratscher@gm.com