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Squawk Pod

General Motors CEO Mary Barra; Mavericks Owner Mark Cuban

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 17 June 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

Mary Barra, General Motors Chairman & CEO, says her company is on track to resume its pre-Covid production, but the pandemic is not the only crisis that’s prompted change internally at GM. Barra explains being “impatient and disgusted” at Americans’ passive responses to racial inequality, and shares her strategy for building a more open, equitable work environment. Mavericks owner, entrepreneur, and investor Mark Cuban is also speaking out against racial bias in the U.S., urging white Americans to confront their privilege and to speak up, even when it’s difficult, even when it hurts. Ahead of the much anticipated return of professional sports, Cuban discusses plans for safe play.

Transcript

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0:00.0

This is Guacapod. I'm C. NBC producer Katie Kramer. Today on our podcast.

0:07.0

General Motors CEO Mary Barra has seen her company through more than one crisis, how she's leading GM through this COVID recovery.

0:14.5

We believe we're on track for virtually every one of our facilities to be back to the

0:18.6

levels they were producing prior to the impact of COVID in this country.

0:23.0

And making work safer and more equitable for her 160,000 employees.

0:28.0

How do we advance much more quickly to creating a truly inclusive environment where everybody can bring their true

0:34.5

self and be themselves at work.

0:37.3

Plus Dallas Maverick's owner, entrepreneur, and investor Mark Cuban on sports post-pandemic and tackling white privilege in America.

0:45.4

White people have got to have difficult conversations right now. We as white people

0:49.5

all know people who are racist, maybe not overtly racist, but you know subtly

0:54.7

racist. And when we see people act that way, we have to step in and say something.

0:58.9

Those stories plus delivery for President Putin. It's a

1:02.9

foyer, it's a chamber, it's a disinfection tunnel.

1:06.2

It's Wednesday, June 17th, 2020.

1:08.9

Squawk Pot begins right now.

1:10.9

Days after accepting the job as General Motors CEO in January 2014, Mary Barra, had to confront a crisis that threatens the entire company's future. An ignition switch malfunction

1:24.8

from a decade prior had resulted in 124 deaths and 275 injuries.

1:30.8

Bara started a string of recalls that would ultimately involve more than 30 million

1:34.9

vehicles that year.

1:36.3

She also revamped the company's culture and management process, focusing on a key word,

1:41.2

safety.

1:42.2

The first woman to run an American carmaker said the

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