General Motors Schedules Annual Stockholders' Meeting for June 3
Distributes Proxy Statement and Annual Report
DETROIT, 2008-04-25 – General Motors Corp. (NYSE: GM) today issued its annual report to stockholders and filed its proxy statement with the U.S. Securities and Exchange Commission. The company also announced that E. Neville Isdell, chairman and chief executive officer of The Coca-Cola Company, has been nominated to serve on the GM Board of Directors.
The proxy statement filed today includes information about GM’s annual meeting of stockholders, to be held June 3 in Wilmington, Del., the election of the directors to GM’s Board of Directors, the ratification of the selection of independent public accountants for 2008, and eight stockholder proposals. Fourteen candidates will stand for election to the Board of Directors at GM’s annual meeting. If Mr. Isdell is elected, he will join the Board on August 6, 2008.
Mr. Isdell will hold the office of chief executive officer of The Coca-Cola Company until July 1, 2008 and will remain chairman until the company’s annual meeting of stockholders in April 2009.
A native of Ireland who joined Coca-Cola in 1966 with the local bottling company in Zambia, Mr. Isdell held a series of global leadership roles before becoming the company’s 12 th chairman and CEO in 2004. Mr. Isdell is also chairman of the U.S.-Russia Business Council and chairman of the board of trustees of the International Business Leaders Forum (IBLF). He is a member of the board of trustees of the Center for Strategic and International Studies and a member of the Business Roundtable and the Corporate Advisory Board of the Global Business Coalition on HIV/AIDS, Tuberculosis and Malaria.
The proxy statement and 2007 annual report will be mailed to stockholders and are available online at proxystatement.gm.com and annualreport.gm.com, respectively.
General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cards and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall, and Wuling. GM’s OnStar subsidiary is the industry leader in vehicle safety, security, and information services. More information on GM can be found at gm.com.
Source: GM
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