Meg Whitman, CEO of Quibi, speaks during a Keibote to Quibi at CES 2020 in Las Vegas, Nevada on January 8, 2020.
Steve Marcus | Reuters
The elections come at a crucial time for the automaker as it marks the transition to an allElectric vehicle list by 2035. That started last year with GM’s announcement that it would release 30 new electric vehicles worldwide by 2025 $ 27 billion Investments in electric and autonomous vehicles during this period.
They bring GM’s board of directors to 13 members, 12 of whom are independent directors. GM CEO and Chairman Mary Barra is the only company representative on the board.
“Our diverse board of directors is a competitive advantage for GM as we work to create a better, safer and more sustainable world,” Barra said in a statement Thursday. “Mark and Meg will bring unique experiences to the board, particularly in terms of technology, branding and customer experience that will help us add value to shareholders and other GM stakeholders now and in the future.”
Whitman, 64, is known in Silicon Valley and technical circles. Most recently she was president of the short-lived streaming platform Quibi. She headed HPE from 2015 to 2018, Hewlett-Packard Co. from 2011 to 2015 and Ebay 1998 to 2008. She is known to turn eBay over and split Hewlett-Packard into two companies.
“I have great respect for the commitments Mary and her team make and the culture they have built,” Whitman said in a press release. “GM’s growth strategy encompasses all the elements of a startup, but on a much larger scale, with millions of customers and a strong underlying business. This makes it a very exciting time to join the board of directors.”
Tatum, 51, was named COO and Deputy Commissioner of the NBA in 2014. He is responsible for the NBA’s global business operations.
Mark Tatum, Deputy Commissioner of the NBA.
Jesse D. Garrabrant | NBAE | Getty Images
“GM is changing a business model that is more than 100 years old, bringing together thousands of people and billions of dollars to create solutions that matter to the environment, communities, businesses and investors,” he said in a statement. He joined the board of directors and said, “It is an honor and I look forward to working with the GM team and my colleagues to make this happen.”
Whitman and Tatum join GM’s already diverse board under Barra. Of the 13 directors, seven are women, one is Hispanic, one is African American, and one is Asian / African American. The automaker was the first major industrial company to have an even gender balance on its board of directors, followed by a majority of female directors in 2019.
The board of directors will stand for election at the company’s general meeting on June 14th.