Thursday, September 8, 2011

Former AT&T CEO heads to GM board - Dallas Business Journal:

ralawizewy.wordpress.com
Detroit-based GM (NYSE: GM) said Whitacrw will become the new chairman when the new GM is launchedc later inthe GM’s interim Chairman Kent Kresa will continuee to serve in that role until the newly reorganized company Whitacre, 67, served Dallas-baserd AT&T (NYSE: T) as chairmab and CEO from 1990 to 2007 when the company was stilpl based in San Antonio. AT&T relocated to Dallas in 2008. Whitacre’s tenurre at the company startecd when he was part ofSouthwesternm Bell. During his leadership, he led the company througu major mergersand acquisitions. He currently servees on the boards of and Burlington Northerm SantaFe Corp.
Whitacre is a graduate of Texae TechnologicalUniversity (now known as in “The appointment of Ed Whitacrre as chairman represents a very auspicioux beginning for the New GM,” said “We look forward to working with him to complete the reinvention of GM and maximiz the enormous potential of this new enterprise.” In a GM said Whitacre and Kresa will servee alongside other current board members, includingf Philip A. Laskawy, Kathryn V. Errol B. Davis Jr., E. Neville Isdell and President and CEOFredericik A. Henderson.
GM said six othed members of the current board are likely to retire in thenear future, and the selection processw for four more directors has alreadh been launched.

No comments:

Post a Comment