New GM: Fresh Blood Coming From Within
July 10, 2009
By Michelle Krebs
DETROIT -- Fritz Henderson, the president and CEO of the new General Motors that emerged from bankruptcy Friday, lists changing the corporate culture as one of his top three priorities, along with focusing on taking care of customers and producing great cars.
To that end, Henderson said in a conference call with reporters that over the next few weeks, new faces will rise to the top at GM.
"You'll see some unusual names in some jobs," he hinted. "Stay tuned."
"I'm not closed to outside blood, but for now, these will be people from within GM," Henderson said. He noted that GM cannot hire people from outside because the automaker doesn't know how much it can pay people. GM is required to have its compensation to employees approved by the federal government's new pay czar.
Henderson said because GM emerged from bankruptcy three weeks earlier than planned, not all of the new job appointments were in place and ready to announce Friday. However, they will be by month's end.
Posted by Michelle Krebs at 9:15 AM under GM , Personalities | Comments (1) | digg this | Seed Newsvine
Sounds like business as usual to me. When they say they can't hire anyone from outside, that means to me that the company is pulling up the drawbridge.
Posted by: billddrummer | July 13, 2009 at 11:55 AM