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The ice under General Motors Co. CEO Fritz Henderson's feet began to look thin when the company's board of directors overruled his oft-repeated preference to sell a controlling interest in its Opel operations in Germany. Full Article at Lansing State Journal
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DETROIT - It's not as outrageous as it sounds. Lutz, who has worked for General Motors, Ford, BMW, Chrysler and GM again will be 78 years old in February. Full Article at Motor Trend
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The painful, if brief, Chapter 11 bankruptcy GM endured earlier this year was apparently not enough to change the face of General Motors. Nor was the White House's ouster of CEO G. Richard Wagoner Jr. last March. Full Article at Popular Mechanics
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Less than 24 hours before General Motors Co.'s directors showed CEO Fritz Henderson the door, a ranking executive for a rival automaker made a telling admission to me over dinner: Through all of last year's congressional hearings, the firing of former... Full Article at Detroit News Online
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The surprise resignation of General Motors Co. CEO Frederick "Fritz" Henderson raises questions about the company's stability at a point when it was beginning to show signs of turning around, analysts say. Full Article at Pittsburgh Post-Gazette
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Someone seems to have driven his Cadillac into the ditch this week. Or did someone else maneuver him into this unfortunate position? Either way, many questions remain about what happened to General Motors' interim CEO, Fritz Henderson. Full Article at Forbes
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Fritz Henderson, the new Chief Executive Officer of General Motors, holds a news conference to discuss announcements made by President Obama about the Task Force on Autos and U.S. Treasury's decisions on aid to the auto industry at GM World... Full Article at WETM 18 - NY
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More from Fortune Redefining 'emerging markets' Stanley Bing's fourth-quarter yearnings Henderson's GM departure is no surprise FORTUNE 500 Current Issue Subscribe to Fortune NEW YORK (Fortune) -- The captains of bailed-out companies can't seem to stop... Full Article at CNN/Money
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Late yesterday, in a surprise move, General Motors President and CEO Frederick "Fritz" Henderson (left) resigned, less than a day before he was to deliver the keynote speech at the 2009 LA Auto Show. Full Article at Consumer Reports
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“’Fritz was just not enough of a change agent,’ [a person with direct knowledge of the board's deliberations] said. Full Article at ETF Investor
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"'Fritz was just not enough of a change agent,' (a person with direct knowledge of the board's deliberations) said. Full Article at iStockAnalyst
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is out as GM's CEO, just eight months after the government forced out his predecessor Rick Wagoner as the Obama administration (or, more accurately, taxpayers) became GM's majority shareholder in the wake of its bankruptcy. Full Article at Marc Ambinder
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DETROIT – General Motors Co. CEO Frederick "Fritz" Henderson stepped down Tuesday after the board determined that the company wasn’t changing quickly enough. Full Article at Sweetness & Light
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The abrupt removal of Fritz Henderson, the General Motors chief executive, on Tuesday is not a plain vanilla boardroom coup. He was sent packing eight months after his mentor and predecessor, Rick Wagoner, was despatched. Full Article at Times Online
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For the second time this year, General Motors needs a new CEO. Fritz Henderson is out just eight months after taking over from Rick Wagoner. GM's chairman will fill in while a new CEO is picked. Full Article at NPR
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Analysis It is hard to see the sudden departure of General Motors chief Fritz Henderson as anything other than a follow-up from the sacking of his former boss Rick Wagoner in March this year, two months before the US carmaker filed for bankruptcy... Full Article at BBC News
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General Motors' CEO Frederick "Fritz" Henderson will step down after eight turbulent months as head of the largest U.S. automaker, people familiar with the matter say. Full Article at The Clarion-Ledger
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The ice under GM CEO Fritz Henderson's feet began to look thin when the company's board of directors overruled his oft-repeated preference to sell a controlling interest in its Opel operations, but Henderson had been on a slippery slope since the day... Full Article at Detroit Free Press
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But "we all agreed that some changes needed to be made going forward," Whitacre said. In a statement, the Obama administration said, "This decision was made by the board of directors alone. Full Article at Myrtle Beach Sun News
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CEO of General Motors steps down amid criticism on pace of change From staff and wire reports Bill Pugliano Frederick “Fritz” Henderson (above) was the government’s choice to run GM after former Chairman and CEO Rick Wagoner was ousted. Full Article at KansasCity.com
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German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington in this March 16, 2009, file photo.
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Reuters Pictures
General Motors Chairman and CEO Rick Wagoner (C) talks about cost cutting restructuring as COO Fritz Henderson (L) and Vice Chairman Bob Lutz listen during a news conference at GM Headquarters in Detroit, in this file image from Michigan July 15, 2008.
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General Motors CEO Rick Wagoner arrives for a meeting with German Economics Minister Karl-Theodor zu Guttenberg at the German ambassador's residence in Washington March 16, 2009.
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Reuters Pictures
German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington March 16, 2009.
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Reuters Pictures
German Economics Minister Karl-Theodor zu Guttenberg (L) meets with General Motors CEO Rick Wagoner (R) and General Motors COO Fritz Henderson at the German ambassador's residence in Washington March 16, 2009.
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AP Photo
German economic minister Karl-Theodor zu Guttenberg left, shakes hands with General Motors Corp. chief executive Rick Wagoner, right, as General Motors Corp. chief operations officer Henderson Frederick, watches at the German Ambassador's residence in Washington, Monday, March 16, 2009.
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AP Photo
German economic minister Karl-Theodor zu Guttenberg left, shakes hands with General Motors Corp. chief executive Rick Wagoner, right, as General Motors Corp. chief operations officer Henderson Frederick, watches at the German Ambassador's residence in Washington Monday, March 16, 2009.
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AP Photo
German foreign minister Karl-Theodor zu Guttenberg, right, smiles as General Motors Corp. chief executive Rick Wagoner, left, stands as GM chief operations officer Henderson Frederick, signs in at the German Ambassador's residence in Washington Monday, March 16, 2009.
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Reuters Pictures
General Motors Chief Executive Rick Wagoner (C) is pictured during a meeting between U.S. President Barack Obama (not pictured) and other business leaders at a hotel in Washington March 12, 2009.
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AP Photo
General Motors Chairman and Chief Executive Rick Wagoner, right, talks about the company's restructuring plans during a news conference in Detroit, Tuesday, Feb. 17, 2009. At left are Fritz Henderson, center, the automaker's president and COO and Ray Young, left, the company's CFO.
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AP Photo
General Motors Chairman and Chief Executive Rick Wagoner arrives for a news conference to talk about the company's restructuring plans in Detroit, Tuesday, Feb. 17, 2009.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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DETROIT, MI- FEBRUARY 17: General Motors Chairman Rick Wagoner speaks at a press conference at the company's world headquarters February 17, 2009 in Detroit, Michigan.
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Reuters Pictures
General Motors Chairman and CEO Rick Wagoner (C) talks about cost cutting restructuring as COO Fritz Henderson (L) and Vice Chairman Bob Lutz listen during a news conference at GM Headquarters in Detroit, in this file image from Michigan July 15, 2008.
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I'm not planning to stay until I'm 65 but I think I've got at least a few years left in me ... But I told the last administration that if my leaving would be helpful to saving General Motors, I'm prepared to do it.
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Ford . . . redid its entire car line. GM and Chrysler didn't ... Rick Wagoner [at GM] oversaw perhaps the greatest destruction of capital in American history. The difference? Ownership and management.
SOURCE: FOX Sports
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