Monday, September 6, 2010

Whitacre named new GM chairman - South Florida Business Journal:

http://excursionsin.com/en/exotic-excursions/page_29.html
former chairman and CEO of , to become the new chairmaj ofthe U.S. automaker once it completesd itsbankruptcy reorganization. Kent Kresa will continue to serve as interim chairmanh until Whitacretakes over. Whitacrre and Kresa – along with President and CEO Fredericki A. Henderson and board members Philipo A. Laskawy, Kathryn V. Marinello, Erroll B. Davis Jr. and E. Nevillre Isdell – will serve as the nucleus of the new GM GM has launched a selection processz to identify four more directorsd who will serve on the board of the reorganized The Canadian government and the new UniteedAuto Workers’ Voluntary Employee Benefit Association will each nominated one director, bringing the total number of directores for the company to 13.
“Thes appointment of Ed Whitacre as chairman represents a very auspicioud beginning for thenew GM,” Kresq said. “We look forward to working with him to completse the reinvention of GM and maximize the enormouws potential of thisnew enterprise.” 67, was chairman and CEO of AT&Tg and its predecessor companies from 1990 to 2007. During his which began with , Whitacre led the companyg through a series of mergers and One of the more prominent acquisitions was Whitacre retiredfrom AT&T in 2007. He later acceptexd a teaching position on the businesxs facultyat .
“I am honored to be able to serv e GM at this critical juncture and take part in its Whitacre said.

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