“The settlement will last at least three years and could be extended for a fourth year at NHTSA’s request.
Slater is a partner at law firm Squire Patton Boggs, where he co-leads the transportation practice. He is an adviser to Takata Corp., the air bag manufacturer under investigation by federal prosecutors and NHTSA over ruptures of inflators linked to at least eight deaths.
He also was an adviser to Toyota Motor Corp., and led an advisory panel that said in a 2011 report that Toyota was still “too centralized” in decision-making in the wake of its sudden acceleration problems. And he represented Cerberus Capital Management LP in 2007, when it was the majority owner of Chrysler Group LLC, as it sought to convince Congress to approve a softer fuel efficiency bill.
Slater in 2007 was named chairman of Driving America’s Future, a group largely funded by GM. It was aimed at generating grass-roots support for softer fuel rules using tools.
General Motors Co. is expected to announce the name of its independent monitor by the end of next week as part of the Justice Department’s $900 million, three-year consent decree after GM was charged with two felony counts over its delayed ignition switch recall linked to at least 124 deaths and 275 injuries. GM last week named an outside lawyer to oversee its compliance with the agreement.” See
