Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

General Counsel of GM to Take Early Retirement

Scuttlebutt | October 21, 2014

General Motors announced that Michael Millikin, who has served as general counsel since 2009, intends to retire in early 2015. His departure comes three months after GM came under several investigations following a massive recall over defective ignition switches that can suddenly cause the steering, brakes, and airbag systems to lose power, and has been linked to 13 deaths.

According to a Congressional report, GM engineers knew about potential problems with the ignition switches since February 2005, but decided against fixing the problem because it would take too long and cost too much money. During a congressional hearing, however, Millikin claimed he didn't know about the problems with the ignition switches until this...

Buy this article for $49, or subscribe to Compliance Week for a month at $149 and get unlimited article access for 30 days.