The inimitable KirkKerk, swinging corporate raider and owner of 9.9% of GM stock, has been tossing the ball back and forth with the higher-ups at the automaker about taking a seat on the company's board of directors. Apparently, the seat would go to Kerkorian's #2, former Chrysler CFO Jerry York. While GM admits they're mulling over the possibility, they've stopped short of actually offering the position to York, and it's not entirely clear yet whether Kerkorian's Tracinda Corp. wants the added responsibility of a board seat. It'll be interesting to see how this one plays out, as it could signal Kerkorian's intentions toward GM.
GM, Kerkorian discuss board seat [Detroit News]
Detroit News Sounds Pre-Death-Knell Bell for GM [Internal]