Henderson confident he’ll stay on as GM CEO following bankruptcy


Henderson’s appointment as GM’s North American chief makes the future of several other high-ranking execs uncertain

Henderson’s appointment as GM’s North American chief makes the future of several other high-ranking execs uncertain

General Motors' current CEO Fritz Henderson has only had the top job for a short time since former CEO Rick Wagoner was asked to step down after heading the automaker through some of its most troubled financial years. Following GM's bankruptcy proceedings, Henderson expects that he will remain as GM's chief but he recognizes that nothing is guaranteed, especially considering the government's stake in the company.

Henderson met with members of President Obama's automotive task force, who have been given the job of overseeing the restructuring at GM. Among other subjects, the issue of who would be filling the offices at GM's corporate headquarters came up, and according to Henderson he believes he will be running things at GM when it emerges from bankruptcy. Henderson did mention to the Associated Press, however, that nothing could be guaranteed as certain in regards to this issue.

Under Henderson's direction, GM will be hoping to build its core brands into bigger players in the market. Henderson has also promised to preserve some of GM's more exciting vehicles, such as the Corvette range, while he is heading up the company.

On top of sports cars, Henderson will also be making a decision on where to build GM's new small car, with a number of U.S. states lobbying the company in order to keep their plants open. Currently, Michigan, Tennessee and Wisconsin are all in the running for being given the small car contract but Henderson and GM are not expected to give a decision on the matter until the end of this month.

Posted in:
 
Follow Us

Commenting is closed for this article

Take Us With You!

 


 
© 2019 MH Sub I, LLC. All Rights Reserved. Stock photography by izmostock. Read our Cookie Policy.