BREAKING: GM Calls Off CEO Search, Whitacre Becomes Permanent Chief Executive

Edward Niedermeyer
by Edward Niedermeyer

The Detroit News reports that General Motors will call off its search for a permanent CEO today, as Chairman and interim CEO Ed Whitacre will become the firm’s permanent CEO. A press conference is scheduled at the Renaissance Center for 11:30 ET today, but at least one question appears to have been answered already. More details as they become available.


Edward Niedermeyer
Edward Niedermeyer

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  • Gardiner Westbound Gardiner Westbound on Jan 25, 2010

    The Government Motors' Board of Bystanders are as competent as the previous Board.

  • Robert Schwartz Robert Schwartz on Jan 25, 2010

    We are the ones we have been waiting for.

  • Nick Nick on Jan 25, 2010

    I'd just finished bring my resume up to date. Dammit.

  • Late_apex Late_apex on Jan 25, 2010

    Great news, it's settled. All the hard works done, just some tweaking needed now. I believe a Gnomes reference is appropriate here: Phase 1: Collect Underpants Phase 2: ? Phase 3: Profit

    • Rob Finfrock Rob Finfrock on Jan 25, 2010

      +1. Makes more sense than any other plan we've seen on how Gov't Motors plans to pay back taxpayers, AND make money.

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