GM CEO Fritz Henderson Says LaNeve Fell, Wasn't Pushed

Robert Farago
by Robert Farago

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.

Robert Farago
Robert Farago

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