Recent Event Highlights: Dan Akerson driven to restore General Motors - Detroit Free Press, GM's Akerson Placates Investors to Protect $16 Billion IPO - Bloomberg, Dan Akerson Takes the Wheel at GM - BusinessWeek, GM IPO filing cites business risks - Plastics News, Akerson: Currency cost Fritz his job, GM IPO Filing Offers Gloomy Appraisal of European Unit - Ward's Auto (subscription), and 110 more...
Created by dipity on Dec 1, 2009
Last updated: 11/17/10 at 06:17 PM
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Dan Akerson driven to restore General MotorsDetroit Free PressGM insiders often contrast the styles of former CEOs Rick Wagoner and Fritz Henderson, both GM lifers, with that of outsider Whitacre. ...and more »
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GM's Akerson Placates Investors to Protect $16 Billion IPOBloombergIn December, the new board set about remaking GM management, ousting CEO Fritz Henderson and installing Whitacre, who had been chairman. ...
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BusinessWeekDan Akerson Takes the Wheel at GMBusinessWeekIn December the new board set about remaking GM management, ousting CEO Fritz Henderson and installing Whitacre, who'd been chairman. ...New GM Chief Has His Work Cut Out For HimAOL Autos (blog)GM steers for Wall StreetMacleans.ca (blog)all 4 news articles »
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GM IPO filing cites business risksPlastics NewsIn the summer of 2009, former GM CEO Fritz Henderson told Congress that GM would save about $2.5 billion per year by cutting 2500 dealerships. ...and more »
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Excerpt
...hear incoming General Motors CEO Daniel Akerson tell it, Fritz Henderson lost his job in part because of the Korean won. Akerson told The Wall Street Journal that the board was upset by news last fall from Henderson, then GM's CEO, that the automaker had lost...
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Automotive News
http://www.autonews.com/article/20100823/OEM02/308239960/1117
Houston ChronicleLegacy of leader who turned GM around remains uncertainHouston Chronicle1: Whitacre takes over as interim CEO after Fritz Henderson resigns. • Dec. 30: GM hires Whitacre's former AT&T colleagues John Montford as his senior ...and more »
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GM IPO Filing Offers Gloomy Appraisal of European UnitWard's Auto (subscription)The backpedaling contributed to the ouster of then-CEO Fritz Henderson. GM's restructuring of Europe contemplates an €11 billion ($14 billion) investment by ...and more »
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Pasadena WeeklyOut with the old ...Pasadena WeeklyHe made no bones about the fact that his job was to clean up the disaster he inherited from Rick Wagoner and Fritz Henderson, while at the same time looking ...GM, Bring Fritz Henderson Back!Ward's Auto (subscription)all 2 news articles »
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CBC.caNew GM CEO: Brash, Blunt, DemandingWall Street JournalGM Chairman Edward E. Whitacre Jr., who succeeded Mr. Henderson, is set to give up the CEO post to Mr. Akerson on Sept. 1. A former telecommunications CEO ...Factbox: IPO could lead to payday for GM employeesReutersGeneral Motors files for IPOCNET (blog)Whitacre's crash at General MotorsFinancial TimesBBC News -International Business Times -Paragould Daily Pressall 2,088 news articles »
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With General Motors Back in Black, Interim CEO Steps AsideNewsHourFRITZ HENDERSON, former CEO, General Motors: From this point on, our efforts are dedicated to customers, cars, culture and paying back the taxpayers. ...and more »
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On the Call: GM CEO Whitacre to exit in Sept.BusinessWeekGM board member Daniel Akerson will take his place. Whitacre, who took over as CEO from Fritz Henderson in December, broke the news following the company's ...Commentary: Vanquishing the past to set up a public stock offeringMarketWatchNews Breaking General Motors Ceo Ed Whitacre To Step Down Sept 1The Car Connection (blog)General Motors CEO Edward E. Whitacre Jr. to step downLos Angeles TimesThe Motor Report -Forbes -Automobile Magazineall 2,534 news articles »
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Globe and MailGM's billion-dollar gambleGlobe and Mail... of 2008 and when GM emerged from bankruptcy in the summer of 2009, the Volt was right there beside then-chief executive officer Fritz Henderson at his ...and more »
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GM's new 'car guy' sees a ray of hopeCNNAs GM's volumes declined, it became obsolete; it was closed in 1999 and demolished in 2002. As Reuss, 46, tells the story, his son, 13, asks him why Buick ...and more »
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Government Motors Paying ex-CEO $3000 per HourRight PunditsGetting fired never felt so good for Fritz Henderson, the previous GM CEO who was fired in December after eight months on the job. ...and more »
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Wall Street bonuses soar, even while lending rates plummetKENS 5 TVGeneral Motors CEO Fritz Henderson was ousted after just eight months on the job. But GM's now given him a consulting contract that pays more than $59000 a ...and more »
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GM's Northern StrategyCounterPunchLast year former GM CEO Fritz Henderson said GM planned to hire new workers to fill 100 hourly jobs at second-tier wages of about $14 an hour. ...
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ForbesEd Whitacre's Odd MovesBusinessWeekIs GM Chairman and CEO Ed Whitacre crazy? Or crazy like a fox? His moves this week have raised some eyebrows. First, he names Fritz Henderson, ...GM names Girsky vice chairman, Smith to retireReutersall 242 news articles »
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U.S. News Rankings & ReviewsFritz Henderson is back at GM, for $3000 an hourCNNAccording to GM insiders, the Henderson deal is on the up-and-up. Nobody can quarrel with his knowledge of GM's global business. ...Fritz Henderson Lands Role as Consultant at General MotorsAutomobile MagazineYour Tax Dollars at Work: Fired GM CEO Returns as High-Priced ConsultantU.S. News Rankings & ReviewsWhat Is GM's Ousted CEO Doing for $60000 a Month?The Big Money (blog)Automotive Worldall 8 news articles »
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Excerpt
...February 23, 2010: 9:42 AM ET NEW YORK (Fortune) -- After resigning as president and CEO of General Motors in December, Fritz Henderson might have gone into hiding or decided to sit out the harsh Michigan winter on a Florida beach. Instead, here he is popping...
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Revved up: What's hot and what's not in autosDetroit Free PressRevved: General Motors CEO Ed Whitacre gets a $9-million pay package. Who does he think he is, a banker? Revved: Fritz Henderson coming back to GM as a ...
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MLive.comFormer CEO Fritz Henderson now consults GM at $2954 an hourUSA TodayFritz did a lot of the dirty work of closing plants and cleaning up the balance sheet, leaving Whitacre to take over a reformed GM in a dark hour with ...GM Says Ex-CEO Henderson to Be Adviser as Whitacre Urges ChangeBusinessWeekGM CEO Whitacre To Receive Compensation Worth $9M - FilingWall Street JournalGM CEO to Get $9M Compensation PackageFOXNewsNew York Times -MotorTrend Magazine -Detroit Free Pressall 291 news articles »
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Lenient sentence sought for Madoff associateWashington PostIn a surprise announcement, GM also said former chief executive Fritz Henderson has been rehired as a consultant. Henderson, who resigned in December, ...and more »
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General Motors' CEO Frederick "Fritz" Henderson has resigned after eight turbulent months as head of the largest US automaker.
BUSINESS IN BRIEFTheChronicleHerald.caWhitacre, who is also GM's chairman, had been given the job on an interim basis after Fritz Henderson's abrupt resignation in December, just months after ...and more »
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GM CEO Should Forfeit Salary, Poll SaysTheStreet.comWhitacre became the government-appointed interim CEO last month, after Fritz Henderson was let go. At the time, Whitacre said he had no intention of staying ...
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GM's promising new bossToledo BladeThe White House had forced out longtime GM CEO Rick Wagoner; his successor, Fritz Henderson, quit under board pressure last month. ...Toyota Recalls 8 Models, iPad Debuts - Week in ReviewFOXBusinessall 3 news articles »
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In the driving seatFinancial TimesWhen Fritz Henderson was ousted as chief executive in December, GM warned that it could take months to find his successor. Yet just a few weeks later, ...and more »
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ReutersChairman of GM Taps CEO: HimselfWall Street JournalHe took the CEO post on an interim basis in early December after Frederick "Fritz" Henderson left the company under board pressure. ...Whitacre to remain GM CEODetroit Free PressFormer AT&T boss to stay at GMVictoria Times ColonistGM's permanent CEO says it's payback timeMinneapolis Star TribuneBusinessWeek -TheStreet.com -Michigan Messengerall 910 news articles »
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Big Ed Stays in the PictureThe Big Money (blog)... hard-charging, executive-poleaxing, TV-commercial-making Chairman Ed Whitacre was named to GM's top job. Ever since firing Fritz Henderson, ...
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Noise, Vibration & Harshness: Opel Is Saved. But Was It Ever in Jeopardy?Automobile Magazine (blog)(I had nothing to do with Fritz Henderson.) GM's future is instantly brighter, one of the worst strategic misadventures in the great American carmaker's ...
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'Big name' buzz as Smith quits RoverThis is MoneyFavourite to take over from him at the Indian-owned firm is US former General Motors chief executive Fritz Henderson. Also touted since before Christmas is ...and more »
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GM to build electric motors in MarylandWashington PostHe assumed the role of interim chief executive in December when GM's board ousted Fritz Henderson. "I certainly didn't come into this with that intention," ...and more »
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NewsHourNews Wrap: 90 Killed in Ethiopian Airlines CrashNewsHourHe had filled the job on an interim basis since December, when the automaker's board ousted Fritz Henderson. Whitacre is also GM's chairman, ...and more »
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MiamiHerald.comGM, Chrysler dealers seek arbitrationReutersWASHINGTON (Reuters) - About half of the dealerships closed or targeted for closure by General Motors Co GM.UL and Chrysler have appealed to an arbitration ...Now For Dealer Arbitration HearingsWard's Auto (subscription)all 318 news articles »
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Globe and MailGM Proceeds With Plan To Wind Saab DownMyStateline.comThe former board chairman took the helm on an interim basis in December following the ouster of two General Motors CEOs, Fritz Henderson and Rick Wagoner.Genii, Ecclestone drop Saab bidBoston GlobeGM ends search for CEO, confirms Whitacre in roleCTV.caall 1,544 news articles »
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US-BUSINESS SummaryWashington Post... what many analysts and GM insiders had expected after Whitacre, 68, announced on December 1 that he would take over as acting CEO from Fritz Henderson, ...and more »
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GM Europe goes back to the drawing boardThe Detroit NewsGerman and Russian officials were taken aback in November when GM's board scrapped the plan to sell Opel -- even as then-CEO Fritz Henderson was saying it ...and more »
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Adviser to the Chief at GM Earns $900000 a YearNew York Times1, when a board shake-up led to the resignation of Fritz Henderson as chief executive. Mr. Whitacre, who had no auto industry background before joining GM, ...GM to pay Girsky $900000 year for advising CEOReutersGM to pay senior aide $1.1MThe Detroit Newsall 122 news articles »
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New York TimesChief Says GM Is on Road to ProfitsNew York Times1, after the board asked for and received the resignation of Fritz Henderson. Since then, Mr. Whitacre has moved quickly to shake up GM's management ranks ...GM chief Edward Whitacre says profit possible this yearLos Angeles TimesGM's Bold Outlook: a Profit This YearWall Street JournalGeneral Motors Seeks Profitability in 2010Transport Topics OnlineBusinessWeek -Bloomberg -Forbesall 664 news articles »
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2009 Was a Clunker. Time to Cash It In.Pittsburgh Post GazetteThree months after President Obama showed Rick Wagoner, the chairman and chief executive, the golden door, Fritz Henderson came in as chief executive, ...and more »
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New York Times2009 Was a Clunker. Time to Cash It In.New York TimesThree months after President Obama showed Rick Wagoner, the chairman and chief executive, the golden door, Fritz Henderson came in as chief executive, ...and more »
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GM, Chrysler take differing pathsChicago TribuneMeanwhile, GM Chairman Ed Whitacre jettisoned Chief Executive Fritz Henderson and took the CEO title last week, triggering new anxiety among employees who ...and more »
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ReutersDEALTALK-GM nears end of distracting trail of failed dealsReutersFormer CEO Fritz Henderson had vowed that a "new GM" would focus on listening to its customers and reforming a risk-averse corporate culture blamed for its ...GM's Whitacre not rushing to give up his jobmsnbc.comUM: Auto IndustryThe Ann Arbor Chronicleall 12 news articles »
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Boston GlobeGM Sets Base Salary for New Finance Chief at $750000BloombergHenderson had a $1.3 million salary that year plus $6.3 million in stock awards, options and other pay, according to GM's 2008 proxy statement. ...GM's new CFO's pay exceeds government limits, seen as possible candidate for ...eGMCarTech (blog)New GM CFO to be paid $750000, plus stock laterThe Associated PressGM's new CFO to make $750K initiallyThe Detroit NewsInformationWeek -Tehran Timesall 179 news articles »
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CBC.caGM Taps Microsoft's Finance ChiefWall Street JournalGM ended up "chasing him for a long time," this person added. The CFO post at GM has long been viewed as a key position. Mr. Henderson and predecessors Rick ...GM Really Looks Outside for LeadershipBarron's (blog)GM names Liddell as finance chiefFinancial TimesMicrosoft's Financial Officer Takes Same Post at GMNew York TimesDetroit Free Press -BloggingStocks (blog) -BusinessWeekall 732 news articles »
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Watch the unveiling of the 2010 Indy 500 Pace car, a 2010 Chevrolet Camaro SS.
Boston GlobeGM to Repay US Loan By JuneWall Street JournalMr. Henderson resigned Dec. 1 after coming under pressure from the board to reverse a number of decisions and move faster to overhaul GM's bureaucratic ...In the Changeover at GM, a New Hands-On AttitudeNew York TimesGM to repay bailout loan earlyCNNMoney.comGM to Repay Loans From US, Canada by End of JuneBloombergThe Associated Press -Financial Times -Detroit Free Pressall 832 news articles »
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AutoWeekGeneral Motors' executive suite sees mass turnoverUSA TodayRichards just joined the company last week, his hiring announced hours before Henderson was fired. Dewar has been with GM for 31 years. ...GM replaces Chevy brand manager, Buick chief quitsThe Associated PressGM Senior Staff Continues Shake-UpTransport Topics OnlineTorn From The Front Page: Henderson's leaving offers chance for real change at ...The Flint Journal - MLive.comWall Street Journal -MotorTrend Magazine -Financial Timesall 298 news articles »
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Los Angeles TimesSearch is on for CFO, GM chief saysWashington PostWhitacre, who is serving as interim chief executive until a replacement for recently ousted Fritz Henderson is found, said GM has a good candidate and ...CEO Whitaker shakes up GM managementMarketWatchGM's Directors Start Acting . . . Like DirectorsWall Street JournalLA Auto Show: Bob Lutz hastily replaces outgoing Fritz Henderson as KeynoteExaminer.comThe Epoch Times -CNNMoney.com -Financial Timesall 859 news articles »
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General Motors Co. (NYSE:GM) has tapped Spencer Stuart, a recruiting firm to help pin down a replacement for ex-CEO Fritz Henderson. Even though the search might take a year, there's no lack of speculation over candidates that might fit the bill to lead GM. Randolph Gulian, executive vice president/general manager for recruitment process outsourcing and executive search for Allegis RPO, jumps in with some unexpected picks, including Hewlett-Packard Co.'s (NYSE:HPQ) Mark Hurd and General ...
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