Ed Whitacre is the new CEO of General Motors

Article by Christian Andrei, on August 26, 2010

Ed Whitacre, who has served as interim CEO of General Motors Co. since Dec. 1 and is now its chairman of the board of directors, will soon be announced as its permanent CEO, according to a source who has direct knowledge of the plan. This source didn't want to be named because GM has yet to announce Whitacre's new position.

There is a press conference planned for 11:30 a.m. EST to reveal the move. It was CNBC that earlier reported the switch for 68-year-old Whitacre.

We can expect that at this conference, Whitacre will give the updates on GM's business activities. It can be recalled that after the GM board ousted Fritz Henderson, Whitacre had been brought in to be interim CEO.

Since then, GM has been conducting an international search for a permanent leader. Whitacre was named the board chairman last June during the time that the company was in bankruptcy.

He replaced interim Chairman Kent Kresa. Before moving to GM, Whitacre was the CEO at AT&T and its predecessor companies from 1990 to 2007. His retirement came after seeing the largest U.S. telecommunications service provider through seven large acquisitions in more than 10 years.

Topics: gm, ceo

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

The Shooting Brake is probably the least rendered body shape in the automotive world. But it’s also the most sought after design among car nuts for its unique, old-fashioned charm....
by - January 23, 2017
Perhaps to make the upcoming Valentine’s day more special, Tinder dating app and Ford UK have cooked up a special blind date for all the single blokes and chicks in...
by - January 23, 2017
2017 is undeniably a very busy year for BMW. After introducing the new 4-Series, the German automaker has just released several new updates. In relation to this, BMW is also...
by - January 23, 2017
The renowned Shelby Super Snake is now 50 years old! As we greet the Super Snake a “happy birthday” or a “happy anniversary,” Shelby itself is celebrating half a century...
by - January 23, 2017
Nearly a year after the Subaru XV Concept was unveiled at the 2016 Geneva Motor Show in Switzerland, this SUV study is making its North American debut at the 2017...
by - January 23, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries