GM CEO Fritz Henderson Says LaNeve Fell, Wasn't Pushed
Published: October 9th, 2009
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According to The Wall Street Journal [sub], GM CEO Fritz Henderson “was ‘surprised, frankly’ to learn that his sales lieutenant, Mark LaNeve, plans to leave GM next week, a move the CEO announced Wednesday.” In other news, “As he prepares GM for an initial public offering, Mr. Henderson plans to focus on accomplishing things the company has failed to do in the past: making solid margins on rental-car sales; differentiating the GMC truck brand so it doesn’t so closely mirror Chevrolet; and raising the average transaction price for Chevy’s small cars.” Not to mention Buick or Cadillac.
More by Robert Farago
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May He Rest in Peace
Maybe he finally figured out how things are and decided to get out now before being fired later.
I got it. Think "lipstick on a pig." To feign ignorance about LaNeve is a sorry attempt to put lipstick on a pig. Go ahead, tell me I'm wrong! I dare you!
Damn you, Farago. You have left us hanging.