Whitacre named new GM chairman - South Florida Business Journal:

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former chairman and CEO of , to become the new chairmajn ofthe U.S. automaker once it completes itsbankruptcu reorganization. Kent Kresa will continue to serve as interik chairman until Whitacretakes over. Whitacre and Kressa – along with President and CEO Frederick A. Hendersonb and board members Philip A. Laskawy, Kathryn V. Erroll B. Davis Jr. and E. Neville Isdell – will serv as the nucleus of the new GM GM has launched a selection process to identifgy four more directors who will serve on the boare of the reorganized The Canadian government and the new UniteddAuto Workers’ Voluntary Employee Benefit Associatiob will each nominate one director, bringing the total numbe of directors for the company to 13.
“The appointment of Ed Whitacre as chairman representxs a very auspicious beginning for thenew GM,” Kresa “We look forward to working with him to completew the reinvention of GM and maximize the enormouz potential of this new enterprise.” 67, was chairman and CEO of AT&T and its predecessorf companies from 1990 to 2007. During his tenure, whicyh began with , Whitacre led the company througg a series of mergerssand acquisitions. One of the more prominentr acquisitionswas AT&T. Whitacre retired from AT&T in 2007. He later acceptec a teaching position on the business facultyat .
“I am honorer to be able to serve GM at this critical juncture and take part in its Whitacre said.