• Sep 3, 2010
If you've been wondering what former General Motors CEO Fritz Henderson has been up to since getting the boot, The Detroit News has the skinny for you. Henderson is now headed to Sunoco to fill in as the company's senior vice president, at least for now. The company is currently planning to spin off its SunCoke Energy arm during the first half of 2011, and when that happens, Henderson will become the subsidiary's chairman and CEO.

SunCoke produces metallurgical coke used to manufacture steel. The company currently operates plants in Virginia, Illinois, Indiana and Ohio, and is currently building a second, high-capacity facility in the Buckeye State. That plant, in Middleton, is slated to produce 550,000 tons of coke while at max capacity.

Coke is formed by super heating coal to bond carbon and ash. The process burns off contaminates like water and coal tar to create an energy-dense fuel. Byproducts of the process are typically used to generate electricity, as in the case with the Middleton plant.

Henderson, a long-time GM man, held the company's reins for a short time starting in 2009, but was replaced with Ed Whitacre amidst concerns that the company's turnaround wasn't moving fast enough.

[Source: The Detroit News | Image: Joe Raedle/Getty]


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    • 1 Second Ago
  • 9 Comments
      • 4 Years Ago
      This guy really moves around a lot.
      He joined GM in 1984 and held a number of positions with the company.
      In 1992 he became VP of GMAC.
      In 1997 he became VP and managing director of GM do Brasil.
      In 2000 he was VP and President of GM-LAAM, but migrated to GMAP in 2002.
      In 2004 he was chairman of GM Europe.
      He became chairman and CFO of GM in 2006.
      In 2009 he became President and COO of GM until Whitacre gave him the boot.
      On Feb 10, 2010, GM announced that Henderson would serve as a consultant on their international operations, to be paid $709,080 per year.

      Question: Is Fritz still active on the GM payroll? Inquiring minds need to know.
        • 4 Years Ago
        Good question. The truth of the matter is that he was successful in every role he held at GM and should be running it.
        • 4 Years Ago
        Jamie: that's typical for an up-and-coming executive at a big multi-national like GM. They move people around a lot. Not too long ago, some folks at IBM joked that the letters stand for I've Been Moved.
      • 4 Years Ago
      It's his morning snort of coke
      • 4 Years Ago
      Fritz Henderson - Coke King of the US
        • 4 Years Ago
        ...his moustache, duh!
        • 4 Years Ago
        There's something white under his nose above his lips...
      • 4 Years Ago
      coke-aine?