Ed Whitacre Jr. says the main reason he’s taking over as permanent CEO of General Motors Co. is to bring stability to the top.
Whitacre, whose appointment was announced Monday, said although he’s satisfied with the leadership team he’s put in place, there’s still work to do in sales and marketing, product development, purchasing and quality. Management experts say that means further changes and possibly more firings.
GM’s board asked Whitacre to stay on after seven weeks of searching for a successor from the outside. Whitacre, a former chief executive of AT&T Inc., doesn’t expect any more big shake-ups, but said he plans to rearrange middle management, which totals about 23,000 people.
Whitacre wouldn’t name other executive candidates. He said he intends to stay two or three years, or “long enough to get it done.”
Associated Press
Talk to us
> Give us your news tips.
> Send us a letter to the editor.
> More Herald contact information.
