General Motors Company’s head of U.S. sales, Mark LaNeve, will be resigning his position as of Oct. 15.
“Mark’s going to join another company to pursue an interest outside the auto industry,” GM CEO Fritz Henderson said during a conference call earlier today.
LaNeve, 50, was appointed vice president of vehicle sales, service and marketing in 2005. LaNeve’s resignation comes after GM’s U.S. sales plunged 36 percent during the first 9 months of 2009. Total industry sales have fallen 27 percent.
No replacement has been appointed for LaNeve, but Henderson said that the company will make some changes in its sales division as it replaces him
“We are open to bringing in outside talent,” Henderson said. “We are working with Washington to finalize how we pay people and our compensation packages. Prior to bringing in people from the outside, we need to be able to explain how we pay people.”
– By: Omar Rana