General Motors just named its first female CEO

General Motor's Mary Barra speaks at the FORTUNE Most Powerful Women Summit on Oct. 16 in Washington, DC. (Paul Morigi/Getty Images for FORTUNE)General Motors has named product chief Mary Barra as its new CEO, the Associated Press reports.She'll be the first woman chief executive of a major auto company.Barra is now the company's executive vice president of global product development. She started her career with GM in 1980 as a co-op student.

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