Rebirth For General Motors

According to AIADA newsletter, General Motors officially completed the paperwork .for coming out of bankruptcy at 6.30AM. Detroit news reported the shake up of the management team leading to elimination of North American president and some other top job positions.
Fritz Henderson will take over as CEO of General Motors and will be responsible for General Motor North America operations along with GM’s president. It will also be ending its regional operating structure. This will see end of regional president positions and regional board strategy boards. Nick Reilly will take over as vice president for General Motor International operations (GMIO) and would be based at Shanghai.
The documents were signed at company law firm in New York by General Motor and treasury department. Before the scheduled Henderson’s press conference, there was an internal employee broadcast at 8.30 AM. According to GM, they would be launching a web site by name “Tell fritz” to improve customer communications. During the month of August, Henderson would be touring around the world to meet customers and others to gain customer confidence

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