Katherine Hastings becomes the first female and non-"Payne" CEO at Detroit's Payne Automobiles after three generations. She was previously CEO of a pharmaceutical company before being poached from her role. Despite lacking knowledge about automobiles, including lack of a valid driver’s license, this could be seen as a positive or negative depending on context. Hastings' position may face challenges in managing an older, younger generation staff that values different motivations for their roles. This situation highlights the unexpectedness and potential risks associated with stepping into the CEO role at Payne Automobiles, especially considering Wesley Payne's presumed leadership in the family business.
Aired: Dec 13, 2021Payne Motors gets a new CEO on the same day they're rolling out a new self-dr...
