Sunoco has tapped Fritz Henderson to lead its energy spinoff that it is forming early next year. The 52 year old former GM CEO will be joining the Pittsburgh-based company as a SVP and will help the company prepare for when SunCoke Energy splits from the company”s core business. After all is said and done, [...]
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 [...]
Newly appointed CEO of GM Ed Whitacre, will be compensated to the tune of $1.7 million per year in cash, and a stock package payable over three years beginning in 2012 that is valued at $5.3 million. Fritz Henderson, the ousted CEO that Whitacre was appointed to replace, will be retained as a consultant to [...]
By now, many of you know that Fritz Henderson resigned his position as CEO of General Motors Company last week on the eve of the 2009 LA Auto Show. Until GM finds a new CEO, GM’s chairman, Edward Whitacre Jr., will serve as the interim CEO. We’re not sure how well Whitacre will do in [...]
GM’s Chairman Edward Whitacre held a web chat with the media this morning – his first “press conference” since taking role as the Detroit automaker’s acting CEO. Whitacre has been criticized for avoiding the media ever since CEO Fritz Henderson”s resignation last week. We decided to pick out some key point from the web chat. [...]
Ed Whitacre, chairman and acting CEO for General Motors, is avoiding making a public statement regarding the recently tumultuous nature of the company’s leadership. Whitacre was scheduled by GM to speak to the press tomorrow morning regarding the board’s seeking and receiving of, CEO Fritz Henderson’s resignation last week. Earlier today, GM announced that Whitacre [...]
GM will focus their CEO search on outsiders, says Detroit News. The Detroit automaker is deep in the process of finding a CFO, and after Tuesday’s resignation by CEO Fritz Henderson after only 8 months in office, they must also now find a viable Chief Executive. Henderson was promoted to CEO in March, when President [...]
Maximum Bob Lutz is filling in for former GM CEO Fritz Henderson this morning at the 2009 LA Auto Show to deliver the Keynote address. You can check out the live video right here after the jump. Click through for the video.
On the even of his keynote speech at the 2009 LA Auto Show and after just 8 months on the job, General Motors’ Fritz Henderson has resigned his position as CEO of the Detroit automaker. “Fritz has done a remarkable job in leading the company through an unprecedented period of challenge and change,” GM Chairman [...]
General Motors Company CEO Fritz Henderson, who is currently visiting Opel’s headquarters in Ruesselsheim to repair relations, said that Opel will not play a global role in the empire of the Detroit automaker. Nonetheless, Henderson said that GM will give the European brand more freedom. “We have a strategy in Brazil around Chevrolet … It’s [...]
