GM has named CEO, effective instantly... Fritz Henderson. The announcement comes after Rick Wagoner's resignation. Henderson was General Motors’s chief operating officer and president, previously. Henderson, 50 years old, was named in 2008 to his present position. He was chief financial officer and vice chairman in the past.
Northrop Grumman Corporation's chairman emeritus, Kent Kresa has been called non-executive interim chairman of the directors board. Kresa became in 2003 a director at General Motors. 'The Board has recognized for some time that the Company’s restructuring will likely cause a significant change in the stockholders of the Company and create the need for new directors with additional skills and experience' affirmed Kresa on a press statement. 'The Board intends to work to nominate a slate of directors for the next annual meeting that will include a majority of new directors'.
Rick Wagoner, meanwhile, chimed in on CEO nomination of Henderson. 'Fritz Henderson is an excellent choice to be the next CEO of GM. Having worked closely with Fritz for many years, I know that he is the ideal person to lead the company through the completion of our restructuring efforts' said Wagoner. 'His knowledge of the global industry and the company are exceptional, and he has the intellect, energy, and support among GM’ers worldwide to succeed'.
Wagoner added his 'deepest appreciation to the extraordinary team of GM employees around the world'. 'GM is a great company with a storied history. Ignore the doubters because I know it is also a company with a great future'.
|General Motors CEO Fritz Henderson resigns|
|Fritz Henderson - GM CEO gets a 25 percent salary cut|
|New General Motors to be quicker in decisions|
|GM - UAW the wage cuts are not needed|
|GM to Lutz - the global warming is very real|
|Cadillac will launch five more cars until 2011|
|C7 from Corvette - still on track|
|Chevrolet Volt debut date is still fluid|
|Jonathan Browning to lead the global sales, service and marketing at GM|
|Euroda meets with Reilly, Henderson|
|Buick Riviera Concept|
|Cadillac DTS Presidential Limousine|
|Geiger GTS with 710hp Based on Corvette ZR1|
|Buick ShangHai LaCrosse Chinese Version|
|Buick Enclave Urban CEO Edition|
|Chevrolet City Express|
|Latest||Cars & News|
|2018 Buick Enclave review|
|2017 Ford F-250 XLT Super Duty review|
|2015 Audi A8 L Chauffeur review|
|2015 McLaren P1 by MSO review|
|2015 Mercedes-Benz S63 AMG Coupe review|
|2020 Porsche Macan GTS comes to fill Macan S and Macan Turbo range|
|Suzuki Jimny is set to get competition from Jeep|
|Toyota Highlander will be available in petrol only or hybrid powertrain|
|Skoda Rapid facelift was unveiled in Russia|
|McLaren 620R is the limited edition street version of the 570S GT4|