Girsky (right), shares a jocular moment with CEO Akerson (left)
Upside: Former Wall Street securities analyst Steve Girsky officially becomes General Motor's Mr. Fixit when CEO Dan Akerson removes the head of Opel/Vauxhall and puts Girsky in charge of GM Europe.

Downside: When GM wanted to sell Opel in 2009, Girsky argued to keep it. Now he has to prove it still has value despite billions of dollars in losses and no solid plan for a turnaround.

By Alex Taylor III, senior editor-at-large @FortuneMagazine - Last updated July 19 2012: 5:13 AM ET
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