Rumor: Apple CFO to become General Motors’ new CEO

Tim CookWord on the street is that Apple’s COO Tim Cook is at the top of the list to become General Motors Company’s next Chief Executive Officer. An anonymous reader of The Business Insider’s Silicon Valley Insider told the blog that Cook, who took over when CEO Steve Jobs was on medical leave, is the first choice to replace Ed Whitacre (who is currently interim CEO).

“We have no idea whether this is true or not, but it makes sense,” wrote Senior Editor Nicholas Carlson.

“Tim would be a bold choice for GM and a clean break with the car company’s past,” Carlson says. “Cars are vastly different than gadgets, but the magic Apple has brought to consumer product design could be just what GM needs to turn itself around.

GM had no comment on the rumor.

Cook is also in line for the CEO position when Jobs decides to step down. GM recently named Microsoft CFO Chris Liddell as the Detroit automaker’s CFO.

– By: Omar Rana

Source: AutoObserver