Filed under: Hirings/Firings/Layoffs, GM
Well, that was quick. Fritz Henderson, the recently appointed CEO of General Motors, is stepping down. Company chairman of the board Ed Whitacre (remember the “Satisfaction Guaranteed” commercials, that’s the guy) is set to act as the interim CEO until a permanent replacement is found.
This marks the second CEO that beleaguered automaker General Motors has lost this year, the first being Rick Wagoner, who was asked to resign by the Obama Administration’s Task Force for Autos. Over the last few months, deals that GM had made to offload Opel, Saturn and Saab have all fallen through, and some have reported on clashing styles between Whitacre and Henderson.
General Motors has just confirmed the news via a press conference being held as we speak. Stay tuned for more as we learn it.
UPDATE: Official Statement from Ed Whitacre, GM’s new interim CEO, added after the jump.
[Source: Free Press, GM | Image: Philippe Lopez/Getty]
Continue reading BREAKING: GM CEO Fritz Henderson steps down
BREAKING: GM CEO Fritz Henderson steps down originally appeared on Autoblog on Tue, 01 Dec 2009 16:45:00 EST. Please see our terms for use of feeds.
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