General Motors Chairman and Chief Executive Rick Wagoner said Tuesday he planned to keep his job even if the U.S. carmaker strikes a three-way alliance with Renault SA and Nissan Motor Co.
“I have no intention of leaving my position at GM. We are in the middle of a huge turnaround that’s getting a lot of momentum, and we really need to stay focused on that,” he told reporters when asked if he would step down should Carlos Ghosn, chief executive of both Renault and Nissan, get a GM board seat.
“Let’s see if value is created for the shareholders and then how to create that value, and it is not clear to me that that process leads you to the conclusion that we need to change the governing structure of GM,” he added later.
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