Following its emergence from bankruptcy, General Motors on July 23 appointed five new members to its board of directors, as well as a new corporate secretary.

The new members include Daniel Akerson, a managing director at The Carlyle Group; David Bonderman, co-founding partner at TPG; Robert Krebs, former chairman and CEO of Burlington Northern Santa Fe; Patricia Russo, former CEO at Alcatel-Lucent; and Carol Stephenson, Dean at the University of Western Ontario and a former CEO of Lucent Technologies.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...