Category Archives: Fritz Henderson

Report: Former GM CEO Fritz Henderson to lead Sunoco spinoff

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Filed under: Hirings/Firings/Layoffs , GM If you’ve been wondering what former General Motors CEO Fritz Henderson has been up to since getting the boot, The Detroit News has the skinny for you. Henderson is now headed to Sunoco to fill in as the company’s senior vice president, at least for now. The company is currently planning to spin off its SunCoke Energy arm during the first half of 2011, and when that happens, Henderson will become the subsidiary’s chairman and CEO. SunCoke produces metallurgical coke used to manufacture steel.

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Report: Former GM CEO Fritz Henderson to lead Sunoco spinoff

Introducing Dan Akerson, the next Chairman and CEO of General Motors

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Filed under: Etc. , Hirings/Firings/Layoffs , GM Another round of CEO Musical Chairs is being played at General Motors . When Daniel F. Akerson officially begins his tenure as GM’s chief executive officer on September 1st , he will be the fourth person to sit in that chair in less than two years

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Introducing Dan Akerson, the next Chairman and CEO of General Motors

EPA still not settled on MPG labels for plug-ins, Volt unlikely to get 230 mpg

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Filed under: Hybrid , Government/Legal , Chevrolet , GM , Electric Last week at the Society of Automotive Engineers World Congress in Detroit, we spoke with Dr. Pete Savagian of General Motors about what the Chevrolet Volt’s fuel economy sticker would look like. Last summer former GM CEO Fritz Henderson made a big splash when he announced that the Volt was getting approximately 230 miles-per-gallon combined . However, that number was based on a draft proposal by the EPA for a testing methodology for plug-in vehicles

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EPA still not settled on MPG labels for plug-ins, Volt unlikely to get 230 mpg

Report: GM CEO could earn $9M per year, ex-CEO Henderson hired as $60k/month consultant

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Filed under: Government/Legal , GM , Earnings/Financials Two different outlets are reporting two seemingly conflicting reports about pay at General Motors , but it’s clear regardless of the details that money is in motion at The General. Ed Whitacre, Jr., who doesn’t receive any pay as GM’s chairman, is waiting on approval from the Treasury pay czar for a $9 million “pay package” for his recent move to CEO . The pay has been “approved ‘in principle’,” but we aren’t sure when it’s going to be paid.

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Report: GM CEO could earn $9M per year, ex-CEO Henderson hired as $60k/month consultant

BREAKING: Ed Whitacre named permanent CEO at GM, no Saab deal yet

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Filed under: Hirings/Firings/Layoffs , GM , Earnings/Financials While early rumors suggested that this morning’s surprise news conference at General Motors’ Renaissance Center might be to confirm the sale of Saab to Spyker, the big news emanating from the company’s Detroit headquarters is that Ed Whitacre Jr. is scrubbing ‘interim’ from his door plaque and instead taking the title of permanent CEO. The 68 year-old Whitacre has been on the job since December 1, bringing his experience as a past CEO of AT&T to bear on the troubled automaker following the removal “stepping down” of GM’s CEO Fritz Henderson . Since he’s taken the reins, Whitacre has made bold timetable pronouncements about the company’s ability to begin repaying government loans following GM’s bankruptcy, he’s hired a new chief financial officer, consolidated the company’s North American sales and marketing channels , and fired several brand managers

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BREAKING: Ed Whitacre named permanent CEO at GM, no Saab deal yet

BREAKING: Ed Whitacre named permanant CEO at GM, no Saab deal yet

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Filed under: Hirings/Firings/Layoffs , GM , Earnings/Financials While early rumors suggested that this morning’s surprise news conference at General Motors’ Renaissance Center might be to confirm the sale of Saab to Spyker, the big news emanating from the company’s Detroit headquarters is that Ed Whitacre Jr. is scrubbing ‘interim’ from his door plaque and instead taking the title of permanent CEO. The 68 year-old Whitacre has been on the job since December 1, bringing his experience as a past CEO of AT&T to bear on the troubled automaker following the removal “stepping down” of GM’s CEO Fritz Henderson .

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BREAKING: Ed Whitacre named permanant CEO at GM, no Saab deal yet