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0GM board member Kresa retiring, led automaker as interim chairman last year 1280959260
General Motors board member Kent Kresa has reached the ripe old age of 72, and as such, he is no longer eligible for re-election to the company's controlling body. Kresa originally came to GM after retiring from Northrop Grumman Corp. where he helped lead the aviation giant through troubled ...
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Former AT&T chief Edward Whitacre, Jr. named chairman of New GM 1244566800
A new General Motors needs new leadership. So following the replacement of former CEO Rick Wagoner with Fritz Henderson, the General has announced its new incoming chairman: Edward E. Whitacre, Jr.Whitacre is perhaps best known for his seventeen-year tenure as chairman and chief executive of ...
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GM chairman Kresa admits: "Time is not on our side on trying to get things done out of bankruptcy" 1239747960
If General Motors' saga were a play by Aeschylus, today marks the day when Kent Kresa, GM's interim chairman, returns from a visit to the Oracle at Delphi and informs everyone that the signs are not auspicious. There's been much talk of the bondholder issues that GM faces, and the news today is ...
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GM chairman looking to turn over half of board of trustees by June? 1239740400
According to the Detroit Free Press, General Motors interim chairman, Kent Kresa, has been asked by president Obama's administration to replenish the automaker's board with fresh blood. Kresa said that while the board did achieve "historic things" recently, like renegotiating the UAW pay scale, he ...

