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fritz henderson

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    Report: Read an excerpt from Whitacre's book about how he fired Henderson and why Akerson got the job

    It is probably best just to play this down the middle and let you read the excerpt from American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA by Ed Whitacre. The author, you'll remember, was the former AT&T CEO who came out of retirement to take the position of ...

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    Report: Former GM CEO Fritz Henderson to lead Sunoco spinoff

    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 ...

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    Report: GM CEO could earn $9M per year, ex-CEO Henderson hired as $60k/month consultant

    Two different outlets are reporting two seemingly conflicting reports about pay at General Motors, but it's clear regardless of the details that money is in motion at The General. Ed Whitacre, Jr., who doesn't receive any pay as GM's chairman, is waiting on approval from the Treasury pay czar for ...

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    Buick-GMC general manager Michael Richards leaves after just nine days on the job

    Nine days ago, we posted about Michael Richards getting Susan Docherty's old post at General Motors, brand manager for Buick-GMC. Today, he walked away. According to The Detroit News, the official (yet still unofficial) reason is that Richards' previous employer – Trinity Automotive in ...

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    Mad Money host Jim Cramer calls Whitacre 'assassin of the bad'

    We've spilled some ink about CNBC Mad Money host Jim Cramer before, the financial expert who – as The Daily Show pointed out – missed the whole Great Depression 2.0 thing. Of course, it's not fair to single out Mr. Cramer, as 99 out of 100 economists thought credit default swaps based ...

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    REPORT: Spencer Stuart tasked with finding new GM CEO

    Headhunting firm Spencer Stuart is without doubt on the speed-dial lists of bailed-out firms, having placed chairmen, CEOs, Chrysler Group LLC, and board members for AIG, Citigroup Inc., Freddie Mac, Fannie Mae, and GMAC. Then they flew over General Motors so that Ed Whitacre, Jr. could heli-drop ...

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    REPORT: GM selling control of Chinese joint venture to SAIC, half of India operations

    It has been a busy week at General Motors. The week started off with CEO Fritz Henderson's abrupt resignation, then executives converged on the LA Auto Show where Bob Lutz was the keynote speaker and then the U.S. market Chevy Cruze was revealed. Now, the General is reportedly deep in negotiations ...

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    Merbanco out, Spyker in as Saab bidding heats up. Was Fritz axed because he wanted Saab closed?

    2010 Saab 9-5 – Click above for high-res image gallery
    As General Motors suddenly finds itself in search for a new CEO to replace Fritz Henderson, it is also looking to secure a buyer for perennially troubled Saab. GM originally thought it had a new parent for the brand in Koenigsegg, but ...

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    BREAKING: GM CEO Fritz Henderson steps down

    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 ...

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    BREAKING: Koenigsegg backs out of Saab purchase, brand future up in the air

    2010 Saab 9-5 – Click above for high-res image gallery
    After riding in on a white horse, Koenigsegg Group AB has pulled out of negotiations to buy Saab from General Motors, leaving the Swedish automaker's future very much in doubt. In a brief statement issued by GM (available after the ...

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    GM loses $1.2B last quarter, ready to start repaying loans

    This is one of the trickier press releases we've ever had to parse, but here goes. Despite losing $1.15 billion in the third quarter of 2009, General Motors sees this as a "solid foundation." GM President and CEO Fritz Henderson continues, "With a healthier balance sheet and a competitive cost ...

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    REPORT: Germany wants GM's plan for Opel - and a billion dollars - "quickly"

    General Motors' bouleversement on the sale of its Opel brand has caused the European head of Opel vacate his office, the head of Opel labor to gulp "a bottle of wine" to get over the shock, the German head of state to request "GM to present a reliable plan for Opel quickly," and Germany's ...

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    REPORT: Fritz says GM doesn't need any further aid from Washington

    Fritz Henderson went to Washington to have a word the folks who wrote the $50 billion check to keep General Motors alive. While there, he answered a few questions put forth from The Washington Post about that investment and the "new" company created with it. His answers are sound, but qualified ...

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    REPORT: One week after announcing GM departure, Mark LaNeve surfaces at Allstate

    When word got out that Mark LaNeve (right) was leaving General Motors effective October 15, we weren't at all sure where the soon-to-be-former exec was heading. The Wall Street Journal has finally let the cat out of the bag, reporting that LaNeve is leaving the auto business for a marketing gig ...

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    Cadillac kicks current ad agency to the curb, seeking new suitors

    Click above to view Modernista's Cadillac commercials after the jump
    It was three years ago that Cadillac switched to ad agency Modernista!, and one year leater it rolled out its "Life. Liberty. And the Pursuit." campaign. In a four-sentence statement put out by Cadillac General Manager Bryan ...

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    REPORT: GM's CFO Ray Young likely to resign

    The last two chief financial officers at General Motors, Rick Wagoner and Fritz Henderson, eventually became CEO. Ray Young, who has been CFO at the General for less than a year and a half, likely won't make it to the top. The Detroit News reports that Young is going to resign his post as CFO in ...

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    GM announces... 2011 Chevrolet Volt will get 230 mpg city!

    var digg_url = ''; In case you missed it this morning, General Motors CEO Fritz Henderson made some big news just one month after the "new" GM emerged from bankruptcy protection. First of all, Henderson announced ...

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    Live Webcast: General Motors product and technology update at 8AM Eastern

    Follow the jump to watch Fritz Henderson's GM product and tech update at 8AM Eastern
    General Motors CEO Fritz Henderson will make a presentation this morning at 8:00 AM EDT from the GM Tech Center in Warren MI. One month after exiting bankruptcy, Henderson will update the media on GM's progress so ...

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    GM Re:invention launches Tell Fritz campaign [w/VIDEO]

    Tell Fritz – Click above to watch video
    General Motors continues to enlarge its direct dialogue with the public with a new feature called "Tell Fritz." This is where you, Jon and Jane Q. Public, can send a question to The General's CEO and might possibly get it answered.We applaud GM's ...

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    Fritz Henderson to Autoblog: Chevy Caprice is being looked at as "police application"

    Ever since General Motors announced this spring that it was killing the Pontiac brand as part of its restructuring, fans of the Holden-developed G8 sedan have been clamoring to save it as a Chevrolet. After company officials repeatedly said over the past two months that no such thing would happen, ...


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