Edward Whitacre has said yes to General Motor’s proposal to continue as chairman and CEO of the company. The information was announced during GM’s press conference held at he company’s headquarters.
Whitacre also emphasized the fact that the company’s board is determined to pay back in full the U.S. Treasury, Canadian and Ontario Government loans by June.
Last summer, Whitacre was the weapon of choice destined to steer GM out of the bankruptcy’s way, after the new company was formed.
… (read more)