Reuters Profile Cites Tim Solso's ('69) 2011 Commencement Address at DePauw
February 13, 2014
"General Motors Co's new Chairman Theodore 'Tim' Solso is not afraid to make edgy and sometimes unpopular decisions, a trait that could come in handy as the No. 1 U.S. automaker seeks to further reinvent itself under new Chief Executive Mary Barra," begins an internationally distributed Reuters story. Solso, the former chairman and CEO of Cummins Inc. and 1969 graduate of DePauw University, was named to lead GM's board of directors on December 10, 2013.
Ben Klayman writes, "One of Solso's first actions as CEO at Cummins was to write a memo to the entire company making it clear that results mattered, Loughrey said. In a 2011 commencement speech at DePauw University in Indiana, Solso's alma mater, he also emphasized embracing change. 'You at least have a 50-50 chance of surviving if you're willing to embrace radical change and pursue it,' he said, adding that the graduates should proactively tackle issues before they become problems."
The complete piece, which also cites DePauw President Brian Casey, is available at Reuters' website.
A psychology major at DePauw, Solso earned his M.B.A. from Harvard University. He served as chairman and CEO of Cummins for a dozen years (January 2000 until his retirement in December 2011). A former member of DePauw's Board of Trustees, Solso delivered the principal address to his alma mater's Class of 2011 and received an honorary doctoral degree at the University's 172nd annual commencement. A summary of his address, "What Will Be My Contribution?," including links to video and audio clips, can be found here. The speech is also embedded below.Back