GM CEO Swap: Dan Akerson to replace Ed Whitacre on Sept. 1
Filed under: Hirings/Firings/Layoffs, GM
During a conference call to discuss General Motors‘ second quarter earnings, Ed Whitacre announced that he will be stepping down from the position of CEO effective September 1st, and that his title of Chairman of the Board will terminate at the end of 2010.
Whitacre will be replaced by Dan Akerson (right), 61, who currently serves on the GM board of directors and holds the position of managing director for the Carlyle Group. No, he isn’t a car guy, but then again, neither was Whitacre. “There are remarkable opportunities ahead for the new GM, and I am honored to lead the company through this next chapter,” said Akerson.
Hit the jump for the full details in GM’s press release.
[Source: General Motors]
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GM CEO Swap: Dan Akerson to replace Ed Whitacre on Sept. 1 originally appeared on Autoblog on Thu, 12 Aug 2010 11:11:00 EST. Please see our terms for use of feeds.
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