GM CEO Whitacre says major leadership change is done… so calm down

General Motors CEO Ed Whitacre told employees in a letter that his overhaul of senior management at the automaker is now complete.

“I want to reassure you that the major leadership changes are behind us,” Whitacre wrote in a letter that was obtained by Bloomberg. “The team we have in place today is the team that will take us forward.”

Whitacre said he wrote the letter to calm employees’ anxiety over personnel changes as the automaker works on returning to profit.

Earlier this week, GM’s new CFO Chris Liddell said that twelve of GM’s 13 executive committee members are new hires or are in different jobs since the company left bankruptcy in July.

– By: Omar Rana

Source: Automotive News (Subscription Required)