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Latest Edward Whitacre, Jr. Stories

2010-08-12 10:27:00

DETROIT, Aug. 12 /PRNewswire/ -- General Motors today said that Edward E. Whitacre, Jr. will step down as chief executive officer on September 1, 2010, and as chairman of the board by the end of the year, having successfully led the company's return to profitability after the most turbulent period in its history. Earlier today, GM reported its second consecutive quarter of profits after a string of losses dating back to 2007. Dan Akerson, 61, who has served on the GM board of directors...

2010-04-21 18:00:00

WASHINGTON, April 21 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released the following statement after a meeting with General Motors' CEO Ed Whitacre this afternoon in the Capitol. This week, General Motors announced it would repay, ahead of schedule, $4.7 billion of its outstanding cash obligation to the U.S. Treasury. "GM's announcement this week is welcome news and validates Democrats' insistence from the very beginning that federal assistance to the auto industry be repaid in...

2010-04-13 12:36:00

DETROIT, April 13 /PRNewswire/ -- General Motors Company today announced the appointment of Dr. Cynthia A. Telles to its board of directors. Dr. Telles, 57, has been on the faculty of the University of California, Los Angeles School of Medicine Department of Psychiatry since 1986. She is currently the Director of the UCLA Neuropsychiatric Institute Spanish-Speaking Psychosocial Clinic. Among many corporate, non-profit, and public service board memberships, Dr. Telles was recently...

2010-02-22 16:07:00

DETROIT, Feb. 22 /PRNewswire/ -- General Motors announced today that Stephen J. Girsky has been appointed GM vice chairman, corporate strategy and business development. Girsky, 47, will continue to serve on the General Motors board of directors, a position he has held since July 10, 2009. "Steve brings a depth of experience to this position that will serve the company well as we continue with our restructuring efforts," said Ed Whitacre, GM chairman and CEO. "He is a trusted advisor who...

2010-01-25 10:30:00

DETROIT, Jan. 25 /PRNewswire/ -- Edward E. Whitacre, Jr., has agreed to continue as chairman and CEO of General Motors, it was announced today. Speaking at a press conference at GM's headquarters, Whitacre also expressed the GM board's commitment that the company will pay back in full the U.S. Treasury and the Canadian and Ontario government loans by June. Whitacre's appointment reflects GM's progress since the new company was formed last summer. "The board of directors asked if I would...

2009-12-30 11:00:00

DETROIT, Dec. 30 /PRNewswire/ -- John T. Montford named senior advisor for Government Relations and Global Public Policy Robert E. Ferguson joins GM as vice president, Government Relations Ken W. Cole to remain with GM until later in 2010 General Motors has realigned its government relations and public policy team with the appointment of John T. Montford as a senior advisor to GM Chairman and CEO Edward E. Whitacre, Jr., and Robert E. Ferguson, vice president of Government Relations....

2009-12-18 13:11:00

DETROIT, Dec. 18 /PRNewswire/ -- I am pleased to announce that today, GM followed through on its commitment to begin loan repayments to the U.S. and Canadian and Ontario governments. We paid $1.0 billion to the U.S. Treasury and $192 million to Export Development Canada. We are grateful for the support the governments have provided us. We look forward to continuing repayments through June 2010, at which time the balances will be paid in full, assuming no downturn in the economy or...

2009-12-01 16:04:00

DETROIT, Dec. 1 /PRNewswire/ -- At its monthly meeting in Detroit today, the General Motors Board of Directors accepted the resignation of Fritz Henderson as Director, President and CEO of the company. Fritz has done a remarkable job in leading the company through an unprecedented period of challenge and change. While momentum has been building over the past several months, all involved agree that changes needed to be made. To this end, I have taken over the role of Chairman and CEO...

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2009-08-05 12:45:07

General Motors Co. Chairman Ed Whitacre said the U.S. automaker would accelerate its launch of new cars to make up some ground in lost market share. Whitacre did not divulge specifics on what products would be let out of the gate ahead of schedule, The Detroit News reported Wednesday. GM's share of the U.S. market dropped from 20.5 percent to 18.9 in July, just after the company emerged from bankruptcy with a pared down product line and fewer factories and dealerships. In decades past, GM's...


Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin