January 26, 2010

Whitacre In For The Long Haul

Interim General Motors CEO Ed Whitacre will assume the position permanently following an announcement this past Monday.  As a long-time proponent of Whitacre as a leader and CEO, and as a watchful observer of the changes he’s already overseen at GM, this development makes me optimistic about the future of the great American car company.

The GM board’s decision to make Whitacre the “permanent” CEO is great news for taxpayers who own 70 percent of GM, GM customers, and GM employees. Here are just a few of the positive things it offers for the company:

The bottom line: long-term commitment from Ed Whitacre spells long-term success for General Motors.