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BREAKING: Whitacre to shakeup GM management, put Lutz in product planning [UPDATE: Confirmed]
Having just been appointed interim CEO at General Motors earlier this week, ex-AT&T man Ed Whitacre isn't wasting any time in exercising his newfound authority. According to The Wall Street Journal, Whitacre is to announce a number of management changes this morning, including moving Vice Chairman Bob Lutz from his role in marketing to a more product planning-focused role. Whitacre is also expected to promote some of the company's younger managers to new positions, although it has not yet been revealed who is targeted. According to the ... Read more →
BREAKING: GM CEO Fritz Henderson steps down Jeremy Korzeniewski
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" ...
Fritz Henderson to Autoblog: Chevy Caprice is being looked at as "police application" Sam Abuelsamid
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 ...
REPORT: Wagoner gets $8.2M severance + $74,030 annually w/benefits... for life Chris Shunk
When Rick Wagoner was forced out of his position as the CEO of General Motors last March, he left with a severance plan that included $22 million paid out over the course of a few years, plus a ...
GM CEO ranks #2 on Letterman's list of Top Ten Worst Summer Jobs Chris Shunk
There's no question that there have been better summers to be the chief executive officer of General Motors. Bankruptcy hearings, plant closings, job cuts and a near certain pay cut will no doubt ...
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Would Ghosn be the best choice to lead GM? 12 months ago on Autoblog
Calls for the replacement of Rick Wagoner at General Motors raise an intriguing question: who would be the best choice to take the reigns of America's largest automaker if Wagoner were ousted? Some would point directly to GM COO Fritz Henderson, but we're not so sure that Washington would go along ...
Lee Iacocca in favor of keeping Detroit 3 CEOs 12 months ago on Autoblog
If there's anyone out there who's qualified to opine on what it takes to turn around a struggling automaker, it's Lee Iacocca. Those old enough to remember life in the late '70s can recall Iacocca's first stint at the head of Chrysler, way before the automaker was ever purchased by Daimler and its ...
Calling for GM bailout may cost Wagoner his job 1 year ago on Autoblog
General Motors' CEO, Rick Wagoner, who's been manning the helm for the last eight years and a part of its staff since 1977, has taken some heat for asking the Feds for a bailout. A possible condition for those funds may be the symbolic sacrificial death of its current leader, according to a slew of ...
GM Chairman upbeat in "State of the Business" address 3 years ago on Autoblog
Speaking to General Motors' Annual Meeting of stockholders, the company's Chairman and CEO, Rick Wagoner, was generally upbeat about the progress of GM's restructuring plan, pointing to a profitable first quarter in Europe, strong growth in the Asia Pacific region (particularly China), and rising ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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