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In the search for an auto industry outside, General Motors has announced that Chris Liddell will become the automaker's vice chairman and CFO in 2010.

Set to replace Ray G. Young -- a 20-year veteran of GM -- Liddell, the former Chief Financial Officer for software giant Microsoft, will report to GM's chairman and acting CEO Ed Whitacre and use his financial expertise to right the General's ship after one of the worst years in the automaker's history.

Liddell, an engineering and philosophy major, oversaw Microsoft's global acquisitions, accounting and reporting while leading its financial team, and will depart from the software colossus on December 31. More details on this corporate breath of fresh air in the press release after the break.

[Source: General Motors]

PRESS RELEASE:

Chris Liddell Named GM Vice Chairman and CFO

DETROIT – Chris Liddell has been appointed General Motors vice chairman and chief financial officer, it was announced today. Liddell was most recently CFO for Microsoft Corp., a post he held since May, 2005.

"Chris brings a depth and experience to this job that were unmatched in our search for a new financial leader," said Ed Whitacre, GM chairman and CEO. "Chris will lead our financial and accounting operations on a global basis and will report directly to me. We're also looking to his experience and insights in corporate strategy as a member of the senior leadership team in helping our restructuring efforts."

Liddell will start with GM in the new year. While at Microsoft, Liddell was responsible for leading Microsoft Corp.'s worldwide finance organization, which included overseeing acquisitions, corporate strategy, treasury activities, tax planning, accounting and reporting, internal audit, and investor relations. He is leaving Microsoft on December 31 of this year.

Before joining Microsoft, Liddell was CFO at International Paper Co., the world's largest forest products company, with similar responsibilities. Prior to that, he was chief executive officer of Carter Holt Harvey Ltd., then New Zealand's second-largest listed company. He also has worked as an investment banker as managing director and joint CEO for CS First Boston NZ Ltd.

Liddell, 51, holds an engineering degree with honors from the University of Auckland, New Zealand, and a Master of Philosophy degree from Oxford University in England. He has served as director of the New Zealand Rugby Union and governor of the New Zealand Sports Foundation. He is a distinguished alumnus of the University of Auckland. Liddell was a member of the Securities and Exchange Commission's Advisory Committee on Improvements to Financial Reporting.


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  • 36 Comments
      • 5 Years Ago
      Hope he will be as good as Alan Mullaly.
      • 5 Years Ago
      holly yellow teath batman!
      • 5 Years Ago
      "I'm a GM, and killing Saturn was my idea."
      • 5 Years Ago
      So if I'm fed up with my car blue screening or crashing to desktop/dashboard on the freeway, what would be the automotive equivalent of Linux or possibly Mac?
        • 5 Years Ago
        @paul34: "I guess I from all the thumbs down I got, I should have ended that "joke" with an "I keed, I keed"."

        ""I'm actually using a windows xp system. At least until I upgrade to windows 7, that is.""
        -Me


        When everyone else didn't get the joke, that was my fault. But this one is entirely on you buddy. Just scroll down for confirmation.

        /smugjerkresponse
        • 5 Years Ago
        Good job skipping Windows 7 Beta (Vista). I'm using Win 7, Snow Leopard and Mandriva 2010. All working quite well.
        • 5 Years Ago
        What an original bash.

        /sarcasm

        Have you even used Windows is the past... 5-7 years?
        • 5 Years Ago
        They should have hired Linus Torvalds LOL!
      • 5 Years Ago
      Oh great, getting a CFO from a bloated, aging corporation to head up another bloated, aging corporation.

      Why not someone from Apple or Google, or another innovative brand? I guess they wouldn't touch Government Motors with a 40 foot pole.
        • 5 Years Ago
        At least he has good taste in cars, as he drives an Aston Martin DB9!!
        • 5 Years Ago
        Oh great, another comment with the word "bloated" in it. Let us know when YOU start a successful multi-billion dollar corporation so we can see how you staff it. Seriously I think you need to get laid or something.
      • 5 Years Ago
      Does this mean that when you start up your new Chevy it will take two minutes just like Windows does?
      • 5 Years Ago
      Expect to have to reboot your Chevy Malibu at least twice on the way to work, and once on the way home.
      At 32K miles, expect to have a virus infect your transmission, and you will only be able to drive forward 2 miles, before having to backup 3 miles. At 47K miles your steering box develops an affinity for adult book stores and the car automatically pull into the parking lot and requires you to purchase something
      before the car will move again, and your On-Star starts calling the Foxy Lady to arrange a lap dance. At 51K mile, your car’s crankshaft needs to be “reloaded”

      Why couldn’t they hire Steve Jobs from Apple, at least you would only have to pay $.99 each time you turned on the MP3 player….
        • 5 Years Ago
        A bit off but nice try. :-D
      • 5 Years Ago
      Steve Carrell? With a bald cap?
      • 5 Years Ago
      Great, now your next GM car will ask you twice if you really want to brake, or accelerate, in the good ole Microsoft tradition.
        • 5 Years Ago
        What an original joke! My, I am rolling upon the floor in uncontrollable bouts of laughter! I have never heard such predictable Microsoft bashing before!
        • 5 Years Ago
        "now your next GM car will ask you twice if you really want to brake, or accelerate..."

        Hmm... in that case, I think Toyota needs Liddell more than GM.
        • 5 Years Ago
        LOL good god people. Why rank this down? It's funny.
      • 5 Years Ago
      I think I speak for everyone when I say, this dude has some seriously intense-looking eyeballs.
      • 5 Years Ago
      Wait a minute.
      I thought the GM haters loved beating GM up for
      getting non-auto industry execs in positions of power.

      Ron Zarella, Rick VanWagoner, et al sure did a bang up on GM.

      Hey, when a GM car dies now, will the nav screen turn blue?
      invisiblepigeon3
      • 5 Years Ago
      Man, they change out their management more faster than a chamaeleon on speed changes colors.
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