Edward WhitacreNICK BUNKLEY Whitacre-as-savior concept gets the Lutz lash 11:58 am U.S. ET | March 6, 2013 So Ed Whitacre thinks he saved General Motors. Bob Lutz thinks that claim is a total crock of (rhymes with part of “Whitacre”).... Read More »
BOOK EXCERPT Whitacre: No-can-do spirit hurt GM 12:01 am U.S. ET | Feb. 18, 2013 In the spring of 2009, Ed Whitacre became the unlikely choice of the federal government's automotive task force to become chairman of General Motors. In his memoir, American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA, the native Texan recounts his crusade to eradicate GM's hidebound management structure.... Read More »
A CEO search, GM style: Who'll take it? 12:01 am U.S. ET | Jan. 28, 2013 Former General Motors CEO Ed Whitacre's book, American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA, combines inside-the-boardroom drama with plain-spoken observations to weave a portrait of the uncertain, haphazard months after GM's July 2009 emergence from bankruptcy.... Read More »
GM's Reuss was considered for CEO job in 2010, Whitacre says 12:04 pm U.S. ET | Jan. 23, 2013 GM's North American president, Mark Reuss, was considered for the top job at the automaker in 2010 before his lack of seasoning led the board to the current CEO, Dan Akerson, according to an excerpt from a forthcoming book by former CEO Ed Whitacre.... Read More »
FINAL ASSEMBLY Book: Akerson was appalled by GM management 12:01 am U.S. ET | Oct. 22, 2012 When Dan Akerson joined the General Motors board in 2009, his first impression was that GM was one of the most poorly managed companies, writes his predecessor as GM CEO, Ed Whitacre, in a new book.... Read More »
Akerson was no fan of GM, model lineup when he joined board, Whitacre says in book 4:47 pm U.S. ET | Oct. 14, 2012 GM CEO Dan Akerson was not a fan of GM's model lineup and thought the automaker was one of the most poorly managed companies when he became a director in 2009, his predecessor, Ed Whitacre, says in a new book. Whitacre also blames many of GM's woes prior to its 2009 bankruptcy and restructuring on management. And Whitacre, who replaced nearly all of the top executives at the company during his tenure, says GM still has a lot of fat that needs to be cut.... Read More »
GM lobbyist Ferguson, former AT&T exec, to steer Cadillac worldwide 11:00 am U.S. ET | Oct. 9, 2012 GM named a former AT&T executive who served as the automaker’s voice in Washington after its U.S.-steered rescue to become global chief of Cadillac. Robert Ferguson, 53, a former AT&T executive who has been GM's vice president of global public policy, becomes vice president of global Cadillac. He reports directly to GM CEO Dan Akerson.... Read More »
FINAL ASSEMBLY Whitacre: Uncle Sam plays a role in running GM 12:01 am U.S. ET | Sept. 24, 2012 The federal government owns 26.5 percent of General Motors' shares, but executives say the feds have remained hands-off when it comes to running the business. Yet in an opinion piece last week in The Wall Street Journal, former GM CEO Ed Whitacre seemed to suggest otherwise.... Read More »
Former GM CEO Whitacre urges U.S. to sell stake in automaker 10:37 am U.S. ET | Sept. 20, 2012 The federal government should sell all of its stake in General Motors as quickly as possible, former GM CEO Ed Whitacre said today.... Read More »
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