Investigations Looming, General Motors GC Will Retire

October 20, 2014

Despite getting the support of CEO Mary Barra, the general counsel of General Motors, Michael Millikin, will retire early in 2015. During his tenure, an ignition-switch defect, now blamed for 27 deaths, went unreported and uncorrected, and currently investigations of the matter are pending by the Department of Justice, Congress and the National Highway Traffic Safety Administration, reports the Los Angeles Times. A mechanism has been set up, under the aegis of the Kenneth Feinberg, to determine a figure for individual settlements related to the ignition-switch accidents. The announcement of Millikin’s pending retirement follows calls for his resignation from a number of U.S. senators.

 

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