Discussion in 'OT Driven' started by Vagabond, Dec 2, 2009.
The head of Opel was ousted too (Opel is virtually bankrupt) and well as GM's CFO.
Many heads rolling at GM this year, which should have happened years ago.
Shame about that whole government executive pay cap thing though, that could be messy when it comes to replacing these guys from the outside. Obama dictates no more than $500k each year, Alan Mulally puts away over 20 million a year from Ford.
And apparently his daughter was not too happy about it.
Henderson was put in place only 8 months ago.
Yes, but he has been a GM exec for a long time. He was a part of old GM and that's why he's looking for a job right about now.
werd. who the fuck would want to head a company in shambles for 500k a year. no one in their right mind with enough talent to be an effective GM CEO would spring for it.
Henderson was a GM lifer and just under Wagoner. Like the other guy said, "old GM".
How great is that?