24 x 7 World News

General Motors CEO Barra first woman to chair Business Roundtable

0

WASHINGTON — General Motors CEO Mary Barra on Wednesday was named chair of the Business Roundtable, the automaker confirmed, making her the first woman to lead the influential group of U.S. business leaders.

Barra, who has headed the largest U.S. automaker since 2014, was elected by fellow CEOs to succeed Doug McMillon, president and CEO of Walmart, who has chaired the Business Roundtable since January 2020.

The Business Roundtable, founded in 1972, includes other well-known business executives such as Apple CEO Tim Cook and JPMorgan Chase & Co. CEO Jamie Dimon. Members collectively lead companies with 20 million employees and more than $9 trillion in annual revenues, according to the group.

Barra will serve a two-year-term at a time when businesses face major issues in Washington, including proposals in Congress to hike corporate taxes and new environmental regulations.

Leave a Reply