# Another CEO gone at GM... Now Ed Whitacre Too

**URL:** <https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765>\
**Category:** NYSpeed Automotive\
**Created:** [December 1, 2009, 2:14pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765 "2009-12-01T14:14:13Z")\
**Posts on this page:** 9\
**Page:** 1

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**Author:** ![traumadog](https://avatars.discourse-cdn.com/v4/letter/t/8baadc/32.png) [@traumadog](https://forums.speedlife.net/u/traumadog)\
**Post date:** [December 1, 2009, 2:14pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/1 "2009-12-01T14:14:13Z")

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Seems like Fritz turned in his keys today.

> **[Detroit Local News - Michigan News - Breaking News - detroitnews.com](https://www.detroitnews.com/)**
>
> Get the latest local Detroit and Michigan breaking news and analysis , sports and scores, photos, video and more from The Detroit News.

> General Motors Co. CEO Fritz Henderson is resigning and will be replaced on an interim basis by the company’s chairman Ed Whitacre Jr.
> 
> Whitacre plans to stay on the job on an interim basis until a new CEO can be found. Whitacre was installed by the Treasury Department as the company’s chairman after GM’s bankruptcy reorganization.

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**Author:** ![TrueBlue](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/trueblue/32/7245_2.png) [@TrueBlue](https://forums.speedlife.net/u/TrueBlue)\
**Post date:** [December 1, 2009, 2:28pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/2 "2009-12-01T14:28:41Z")

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Ah, was just coming in to post this.

[http://money.cnn.com/2009/12/01/autos/gm\_henderson/index.htm](http://money.cnn.com/2009/12/01/autos/gm_henderson/index.htm)

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [December 1, 2009, 3:20pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/3 "2009-12-01T15:20:43Z")

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Do they even have a CFO yet?

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**Author:** ![MOBOOST4U](https://avatars.discourse-cdn.com/v4/letter/m/f4b2a3/32.png) [@MOBOOST4U](https://forums.speedlife.net/u/MOBOOST4U)\
**Post date:** [December 1, 2009, 3:24pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/4 "2009-12-01T15:24:19Z")

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Dun dun dun, another one bites the dustaaa…

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [December 1, 2009, 3:35pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/5 "2009-12-01T15:35:01Z")

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I am going to submit my resume… It’s not like I can make it any worse.

In fact I think that will be how I close my cover letter.

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**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\
**Post date:** [December 1, 2009, 5:21pm UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/6 "2009-12-01T17:21:26Z")

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clean house… buncha morons there.

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**Author:** ![Onyx\_Z32](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/onyx_z32/32/7581_2.png) [@Onyx\_Z32](https://forums.speedlife.net/u/Onyx_Z32)\
**Post date:** [August 12, 2010, 8:04am UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/7 "2010-08-12T08:04:06Z")

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_bump_

Not even going to stick around for the re-IPO?

> **[GM CEO Ed Whitacre Stepping Down Sept. 1, Akerson Takes Over](https://jalopnik.com/5611214/gm-ceo-ed-whitacre-stepping-down-sept-1)**
>
> General Motors CEO Ed Whitacre will step down Sept. 1, with GM board member Dan Akerson becoming the fourth GM chief in two years. Whitacre, 68, will stay on as chairman until the end of the year. UPDATE.

![http://cache-01.gawkerassets.com/assets/images/12/2010/08/500x_not_a_car_guy.jpg](http://cache-01.gawkerassets.com/assets/images/12/2010/08/500x_not_a_car_guy.jpg)

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**Author:** ![BigRon](https://avatars.discourse-cdn.com/v4/letter/b/58956e/32.png) [@BigRon](https://forums.speedlife.net/u/BigRon)\
**Post date:** [August 12, 2010, 8:12am UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/8 "2010-08-12T08:12:37Z")

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From what I was told he got $150 million from AT&T to retire. Took the seat on the GM board to give him something to do and was forced to take the CEO position because no one would deal with all the Obama BS for that little money (capped). Once the IPO happens they can hire someone who wants the job and get paid a decent salary.

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**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [August 12, 2010, 8:37am UTC](https://forums.speedlife.net/t/another-ceo-gone-at-gm-now-ed-whitacre-too/76765/9 "2010-08-12T08:37:27Z")

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> [@Onyx Z32](#):
>
> Do they even have a CFO yet?

Ya the US Treasury Department. 🙂
