GM plans management shakeup, to reassign Lutz: report
From Reuters US Online Report Business News | 2009-12-04 12:34:48
<div><p>DETROIT (Reuters) - In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co &lt;GM.UL&gt; Chairman and Chief Executive Officer Ed Whitacre is expected to announce a management shake-up on Friday that includes reassigning Vice Chairman Bob Lutz, the Wall Street Journal reported.</p><p>A GM spokesman declined to comment on the Wall Street Journal report. An announcement to employees has been planned for Friday morning.</p><p>Whitacre was named interim CEO of the restructuring automaker on Tuesday after Henderson resigned in a split with the board.</p><p>Lutz, 77, put off retirement to serve as the head of marketing for GM with its emergence from a government-funded bankruptcy in July. He has held several senior GM positions.</p><p>Lutz's next role is expected to be more closely aligned with vehicle design, the Journal reported.</p><p>(Reporting by David Bailey, editing by Gerald E. McCormick)</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=64747817&bid=informcom" /></div><div id="copyright"><div>
Copyright 2009 <a href="http://www.reuters.com/finance">Reuters US Online Report Business News</a></div></div>
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