Fritz gets second consulting job, will help GM dispose of unwanted assets

It doesn’t seem like Fritz Henderson is feeling the pain of being ousted by Chairman and new CEO Edward Whitacre. The ex-CEO of General Motors was recently rehired by the company as consultant on a month-to-month basis at a rate of $59,090 to assist the automaker with international operations.

Henderson has now earned a second consultant job for General Motors where he will be responsible for helping dispose of unwanted assets the automaker left in bankruptcy. He will be working for Southfield-based restructuring firm AlixPartners LLP.

Legal documents from AlixPartners did not indicate how long Henderson will work for or how much he’ll get paid.

“From time to time, AlixPartners contracts with experienced specialists to complement our existing team and to help us grow, and that’s our purpose in signing on Fritz Henderson as an independent contractor working on a part-time basis,” AlixPartners said in a statement.

– By: Stephen Calogera

Source: Detroit News