Monday, October 15, 2012

Former CEO Whitacre says he blocked GM move out of Detroit

Former CEO Whitacre says he blocked GM move out of Detroit

Former General Motors CEO Ed Whitacre has served up a few revelations about his time at the automaker in his new memoir, American Turnaround: Reinventing AT&T and GM and the Way We Do Business in the USA. Among the choice tidbits is word that in August of 2009, Whitacre says he blocked a plan that would have seen GM workers abandon their downtown Detroit Renaissance Center global headquarters just one week before the move was to be set in action. The whole operation was to be relocated to Warren, which would have allowed GM to either lease or sell the Ren Cen outright.

Autoblog , Former CEO Whitacre says he blocked GM move out of Detroit, Former CEO Whitacre says he blocked GM move out of Detroit

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