GM CEO Search Could Take A Year. Or Not.

Edward Niedermeyer
by Edward Niedermeyer

GM sources speaking to Bloomberg say that Ed Whitacre has told employees that he could stay in the position of CEO for as long as a year. During a 30 minute broadcast to GM’s staff, Whitacre said that the search for Fritz Henderson’s replacement could take as little as a several months, but that he was prepared to stay on as CEO for as long as a year. Whitacre reportedly also said that there were no further firings planned. [Hat Tip: Tex Lovera]

Edward Niedermeyer
Edward Niedermeyer

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  • Mikey Mikey on Dec 02, 2009

    OK ...Mr Whitacre I will throw my hat into the ring. Here's my terms. I keep my hourly pension,but I need a life long guarantee. My normal min. is 12 bucks an hour. This gig is full time so I need 25. Hey...! a G note a week and BTW that's in US $. I get to keep the first Camaro drop top off the line. Pretty cheap comp package eh? You can even use my old employee number. If he will have us, I'm going after "BUICKMAN" as the marketing dude. Christy Garwwood gets the media spokesperson gig. I'm keeping Ms Docherty,b/c from this old dude's view point,I think she's kind'a hot.

    • PrincipalDan PrincipalDan on Dec 03, 2009

      Amen. At least if you screw it up it won't cost the tax payer and arm a leg and a golden parachute.

  • Porschespeed Porschespeed on Dec 02, 2009

    Until the top 10%+ of management is fired, nothing will change. Lifers know no other way. They are simpluy incapable of change. If they were, they'd never have been promoted at GM. A top-performing org will always have a few lifers. More than a few lifers is always the kiss of death. I nominate mikey for pres, or vp post of his choosing. He's obviously dedicated, knows how an asembly line actually works, and seems to have an open mind. His posts over the last year or so make far more sense than anything coming out of the Tubes. Ditto on Buickman.

  • Lw Lw on Dec 02, 2009

    A new CEO is needed.. hmmm.. Well I know this one chap who could use some executive experience. He's a nice guy.. Seems to try hard and has good people skills. Here is his e-mail address:

  • Christy Garwood Christy Garwood on Dec 03, 2009

    Thank you, Mikey, for the props!