GM terminated a consulting deal with former CEO Fritz Henderson
After Fritz Henderson announced his intentions to join Sunoco Inc. in early September, his consulting deal with General Motors Co. was terminated on Sept. 30. After Henderson’s ouster as... Read more
Ex-GM CEO Fritz Henderson tapped to become CEO of SunCoke Energy
With SunCoke’s separation from Sunoco Inc. next year, it will need a new CEO and he’s no other than former General Motors Co. CEO Fritz Henderson, who has headed GM through its bankruptcy... Read more
GM CEO Fritz Henderson’s annual salary is being cut by 25%
General Motors Co. CEO Fritz Henderson was singled out to be the top earner at General Motors Co. and as such will face pay reductions, along with 174 other executives at 7 companies that... Read more
GM prepared for use in arbitration an affidavit from former CEO Fritz Henderson
Next week, lawyers of rejected dealerships will have the chance to cross-examine former CEO Fritz Henderson who had submitted an affidavit, saying how the dealer cuts is "key" to GM's... Read more
General Motors is on track to hit the financial restructuring targets
General Motors Co. has achieved much during the first 90 days since it emerged from bankruptcy.
CEO Fritz Henderson, who presented the updates, disclosed that GM is on track to hit... Read more
GM’s head of U.S. sales to leave the company by Oct. 15
It has been confirmed by CEO Fritz Henderson that GM's head of U.S. sales, Mark LaNeve, is resigning effective Oct. 15. Henderson said that LaNeve will be joining another company to... Read more
Next Cadillac Epsilon sedan will fit under the CTS
Last Monday morning, the CEO and President of General Motors Fritz Henderson confirmed in a press release that the carmaker does not have the funds to make Cadillac a competitive luxury... Read more
Cadillac working on a 3-Series competitor
Cadillac is going full-speed with its plans to create a new entry-level sports saloon that will rival the BMW 3-Series. This detail was disclosed during General Motors' announcement that... Read more
Breaking News: Fritz Henderson resigns as GM CEO
At the montly meeting taking place in Detroit, the General Motors Board of Directors approved today the resignation of Fritz Henderson as Director, President and CEO of the company. For... Read more
Breaking News: Koenigsegg drops plans to buy Saab
This new just dropped in! It appears that Koenigsegg, the well-known Swedish car manufacturer, is stopping the deal buy Saab Automobile from General Motors. "We're obviously very... Read more
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