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Author | Topic: GM CEO resigns |
bjprowler POA Site Supporter Prowler Junkie From:Clarksville,Ohio,USA |
posted 12-02-2009 07:41 AM
...Fritz Henderson, who was hand picked by the Obama administration to head up GM eight months ago has resigned.... I can only imagine the BS he was dealing with...Now let's see if his employment contract included a "golden parachute" provided by the Obama regime/taxpayers |
RPL POA Lifetime Site Supporter Prowler Junkie From:Rochester Hills, MI, USA |
posted 12-02-2009 10:37 AM
I don't think that Fritz's daughter agreed with the PR announcement of her dad "resigning." Here's what she had to say on FaceBook.... "HE *UCKING GOT ASKED TO STEP DOWN ALL OF YOU *UCKING IDIOTS. IM FRITZ'S *UCKING DAUGHTER, AND HE DID NOT *UCKING RESIGN. WHITACRE IS A SELFISH PIECE OF SHIFT, WHO CARES ABOUT HIMSELF AND NOT THE *UCKING COMPANY. HAVE FUN WITH GM, I HOPE TO NEVER BUY FROM THIS GOD FORESAKEN COMPANY EVERY AGAIN. *UCK ALL OF YOU." ....not a happy camper. This message has been edited by RPL on 12-02-2009 at 10:38 AM |
mspe01 Prowler Junkie From:flint |
posted 12-02-2009 11:20 PM
26 million is not bad for a severance package |
RPL POA Lifetime Site Supporter Prowler Junkie From:Rochester Hills, MI, USA |
posted 12-03-2009 11:00 AM
Here's what was really important and the non-car people missed... GM robs products of needed buzz Talk about crashing the family sedan. Instead of talking about the massive road show GM carefully orchestrated for the Chevrolet Volt that put actual drivable electric vehicles on the streets of Los Angeles, or the introduction of the U.S. version of the 40-miles-per-gallon Chevy Cruze, the buzz was -- and still is -- all about Henderson's departure. Hear that flush? That's the sound of GM's lost opportunity at one of the most important auto shows outside Detroit. Questionable strategy Hard to believe the board of directors gets any closer to accomplishing its mission of increasing GM's market share by throwing Henderson under the bus, the second GM CEO ushered out in less than a year. Of course, the Obama administration didn't call GM Chairman Ed Whitacre Jr. on Tuesday and tell him to fire Henderson. That foundation was laid months earlier when the U.S. government became the company's largest shareholder and its auto task force insisted wholesale change was necessary. "Fritz Henderson has done a good job in a period of transition," White House spokesman Robert Gibbs told reporters Wednesday. "But the board of directors runs General Motors, not the president of the United States." Plausible deniability. Great products ignored The board of directors rightly needs to operate differently than in the past and they need to direct aggressive change. But the board, either by way of ignorance or arrogance, hurt the company desperately this week. And that's too bad because GM has great products on the show floor in Los Angeles and in dealerships across the country and it had actually begun to win back a skeptical public. Unfortunately for the Detroit automaker that progress has been shoved aside because the boardroom has taken the spotlight away from the showroom. |
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