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GM Chooses Barra as First Female CEO of Global Automaker

General Motors Co. named Mary Barra to succeed Dan Akerson as chief executive officer, completing the GM insider’s rise from a factory-floor worker to the industry’s first female CEO after more than a century of global automaking.

Barra, 51, takes over a company that has emerged from near-collapse a half decade ago, after an infusion of government cash and outside managers. Her elevation was announced a day after the U.S. government said it had sold its final shares of GM.