Wednesday, 26 October 2016
Last updated 1 hour ago
Mar 17 2014 | 3:41am ET
General Motors’ former CEO is returning to the Carlyle Group.
Daniel Akerson became vice chairman and special adviser to the private-equity firm on March 1, Carlyle said. He will be based at Carlyle’s Washington, D.C., headquarters.
Akerson stepped down as GM’s CEO in January. He took the top job at the automaker in 2010, a year after being named the U.S. government’s representative to its board following GM’s bailout.
Prior to joining GM, Akerson was head of global buyouts and co-head of U.S. buyouts at Carlyle.
“It’s a delight to welcome Dan back to Carlyle,” co-founder Daniel D’Aniello said. “His remarkable depth of leadership experience will be a great asset to the board and our investment teams.”