By on December 2, 2009

75449.strip
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]

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14 Comments on “GM CEO Search Could Take A Year. Or Not....”


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