Tag Archives: Chris Liddell

GM CEO’s focus on incentives raising analysts eyebrows

General Motors has been receiving a bunch of positive press as of late.  Just over a year since the Detroit automaker came out of bankruptcy, it has become a leaner and meaner auto-making machine and has relisted its shares on major world stock exchanges with one of the world’s largest IPOs of all time. However, […]

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Chris Liddell steps down as GM’s CFO

General Motors Vice Chairman and Chief Financial Officer  Chris Liddell announced today that he will leave the company April 1, 2011, having completed the largest public offering in history and stabilizing the company’s financial operations (believe us, we really think he had a lot do with GM’s bounce back). Liddell, 52, left Microsoft and joined GM […]

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GM Says: Never mind that $14.4 billion DOE loan we asked for

That’s right. General Motors, a company that was once going bankrupt and was heavily funded by our government to stay alive is withdrawing loan applications today. GM today said that it is withdrawing its $14.4 billion application for direct loans from the U.S. Department of Energy. The Advanced Technology Vehicles Manufacturing Loan Program set aside […]

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GM to buy back U.S. preferred stock, will bring down leverage by $11 billon

General Motors is releasing all kinds of good news today (more to come later). The Detroit automaker announced that it is buying back all of the Treasury Department’s $2.1 billion in preferred stock – a part of a series of actions to reduce financial leverage. “These actions will bring down our leverage by $11 billion […]

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GM awards $6.66 million worth of stock to its 14 top executives

According to filings with the U.S. Securities and Exchange Commission, General Motors gave stock valued at a total of $6.66 million to 14 top executives, including $1.33 million worth to Chairman and CEO Edward Whitacre. Valued at $53.98 each, GM gave a out 123,347 shares, according to the filing. The company said that it gives […]

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GM CFO: Company has a “reasonable chance to become profitable this year”

General Motors has a reasonable chance to become profitable this year, according to new Chief Financial Officer Chris Liddell. In a recent interview with reporters at the Renaissance Center, Liddell discussed the efforts that GM is making to sell shares to become a publicly traded company. The press meeting was a coming out party for […]

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GM confirms Cadillac XTS Concept, Aveo RS, GMC Granite and new CFO for Detroit

The 2010 Detroit Auto Show is just a couple of days away and GM’s Chris Preuss has officially confirmed some highlights for the Detroit automaker at the Cobo center. About 19 hours ago, Preuss’ status read: RT @KenAlexDon: @chrispreussGMVP info on the GMC Granite others at NAIAS? Granite. XTS. CTS-V coupe. Aveo RS (all new). […]

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GM’s new CFO’s pay exceeds government limits, seen as possible candidate for new CEO

General Motors Company’s new CFO, Chris Liddell, will receive a salary of $750,000 in 2010 and will get another $5.45 million worth of company stock starting in 2012 when GM intends to sell its shares to the public. Liddell’s package exceeds the imposed limits on companies that received government aid, but GM said in a […]

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Chris Liddell named CFO and vice chairman of GM, will leave Microsoft on Dec. 31

General Motors announced today that Chris Liddell has been named vice chairman and chief financial officer for the Detroit automaker. Liddell was most recently CFO of Microsoft, a position he held since May 2005. “Chris brings a depth and experience to this job that were unmatched in our search for a new financial leader,” said […]

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