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

Hyundai is making the green vehicle race more competitive by offering three powertrain types -- pure electric (EV), hybrid (EV plus combustion engine) and plug-in hybrid (PHEV) – in one...
by - December 9, 2016
Although specs for the new Renault Megane had already surfaced several weeks ago, we didn’t know that the company has cooked up something new. Aside from the 200hp gasoline, Renault‘s...
by - December 9, 2016
For the first time in fifty-eight years, Infiniti registers its first US-Spec Q60 Coupe in Cuba. American products have not been allowed entry into Cuba for six decades. But it...
by - December 9, 2016
Chevrolet has already given out the pricing for some of its 2018 Equinox models. Not only will the new Equinox be available in both the US and Canada, it is...
by - December 9, 2016
Nearly all details have been set with regards to the upcoming market introduction of the new Jaguar I-Pace. Its production version was recently previewed at the 2016 Los Angeles Auto...
by - December 8, 2016
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