LEADERSHIP

The General Motors Board of Directors represents the owners' interest in perpetuating a successful business, including optimizing long-term financial returns.  The Board is responsible for determining that the Corporation is managed in such a way to ensure this result.  This is an active, not a passive, responsibility.  The Board has the responsibility to ensure that in good times, as well as difficult ones, management is capably executing its responsibilities.  The Board's responsibility is to regularly monitor the effectiveness of management policies and decisions, including the execution of its strategies.

In addition to fulfilling its obligations for stockholder value, the Board also has responsibility to GM’s customers, employees, suppliers, and to the communities where it operates -- all of whom are essential to a successful business.  All of these responsibilities, however, are founded upon the successful perpetuation of the business. 

The Board operates under General Corporation Law of the State of Delaware (where GM is incorporated), GM's certificate of incorporation and bylaws, and our Corporate Governance Guidelines, which were adopted by the Board in 1994 and updated most recently in 2006.

All committees are composed of independent directors. GM uses the same definition or standard of "independence" as the U.S. Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE).

Each independent director is obliged to notify GM of any event that may affect his or her independence.

• Read more on GM's Corporate Governance documents >>
• Read more on GM’s Political Contributions Policy >>
• Read more about GM's Political Action Committee Contributions >>
• Read more on GM's Board of Directors >>
• Read the complete charters of the Board Committees >>
• Read more on GM's Winning with Integrity: Our Values and Guidelines for Employee Conduct >>

Automotive Leadership Group

The Automotive Strategy Board (ASB) is responsible for the global strategic direction of GM's automotive business, including alliances and corporate and resource issues.  The Automotive Product Board (APB), formed in March 2005, focuses on the company's global product portfolio, product programs, global capacity planning, global capital and engineering budget, and advanced propulsion and technology strategies.  The ASB and the APB -- together, the GM Automotive Leadership Group -- work together to manage GM's four business regions:

• North America (GMNA)
• Europe (GME)
• Latin America, Africa and Middle East (GMLAAM)
• Asia Pacific (GMAP)