Tuesday, December 1, 2009

ALERT: Fritz Henderson resigns as GM CEO; Whitacre takes over

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Tuesday, December 01, 2009             

Fritz Henderson has resigned as General Motors CEO.
Fritz Henderson steps down as GM CEO
By Dale Jewett | 12/01/09, 4:46 pm et
Fritz Henderson has resigned as General Motors CEO, the automaker said on Tuesday. Henderson will be replaced by board chairman Ed Whitacre.
Henderson had been scheduled to make a speech in Los Angeles on Wednesday at the opening of the press preview days for the Los Angeles auto show. He had also been scheduled to be a speaker at the Automotive News World Congress in January.
In a press conference, Whitacre said the board accepted Henderson's resignation on Tuesday.
GM is beginning a search for a new president and CEO immediately, Whitacre said....

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