Word: fritz
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Dates: during 2000-2009
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...surprise shake-up, General Motors CEO Fritz Henderson was ousted by the company's board after just eight months on the job. The troubled auto giant--now 60% owned by the U.S. government--has shown modest signs of economic improvement, but Henderson, a company veteran, clashed with directors seeking quicker change. Chairman Ed Whitacre, a former head of AT&T, will take over as interim...
...When Fritz Henderson abruptly resigned earlier this month as CEO after failing to get a vote of confidence from GM's new board of directors, chairman and acting CEO Ed Whitacre wasted no time in elevating a team of young executives to power positions, among them Mark Reuss, 46, named president of GM's North American operations, and Susan Docherty, 47, named vice president of sales and marketing, making her the most influential female executive in the company's 101-year history...
...earlier e-mailed statement, Salter wrote that the breech between Fritz and the board was “a shame...
...accepting the resignation of CEO Fritz Henderson, the board chairman, Ed Whitacre, puts himself squarely in the driver's seat at General Motors...
...Former Boeing executive Alan Mulally has partially disproved that theory by leading Ford to the greatest success among the Detroit Three. Now GM board chairman Ed Whitacre, a veteran of the telecommunications business, will try to go the rest of the way. After accepting the resignation of GM veteran Fritz Henderson, Whitacre will be running the company as interim CEO while he searches for a full-time successor...