As part of the company's advertising, Ed Whitacre announced the company's 60-day money-back guarantee and repayment of a $6.7 billion loan from the government ahead of schedule. Mary Barra, 51, executive vice president, Global Product Development, Purchasing and Supply Chain, was elected by the board of directors to become the next CEO of the company succeeding Dan Akerson on January 15, 2014. Barra also joined the GM board. From June 2009 to March 2011, the company had three chief executive officers and three chief financial officers.