Tuesday, May 29, 2012
GM SAYS $600K IN AD AGENCY Operate TIED TO CFO'S WIFE
By Automotive News - Common Motors Co. mentioned Pernilla Ammann, the wife of Chief Economic Officer Dan Ammann, is an officer and a partner in an marketing agency that received about $ 600,000 for services final year to a GM subsidiary.The transaction was "properly ratified" below the company's policy covering connected-party transactions, GM stated nowadays in a regulatory filing. Not all essential procedures had been followed, according to the firm, headed by CEO Dan Akerson."Correctly
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