{"id":351,"date":"2009-12-15T00:00:00","date_gmt":"2009-12-15T00:00:00","guid":{"rendered":"http:\/\/blog.njstateauto.com\/auto-industry-news\/gms-search-for-a-new-ceo-continues\/"},"modified":"2009-12-15T00:00:00","modified_gmt":"2009-12-15T00:00:00","slug":"gms-search-for-a-new-ceo-continues","status":"publish","type":"post","link":"https:\/\/www.njstateauto.com\/blog\/gms-search-for-a-new-ceo-continues\/","title":{"rendered":"GM’s search for a new CEO continues"},"content":{"rendered":"

All used Chevrolet<\/a> models in New Jersey were produced by General Motors, whose chairman Ed Whitacre said on Tuesday that he doesn’t plan on being the interim CEO for long, although there is no timetable to replace him.<\/p>\n

Whitacre, who took over for Fritz Henderson after he was forced to resign two weeks ago, said that the search for the next long-term CEO has yet to turn-up any qualified candidates.<\/p>\n

Whitacre told reporters that he is not necessarily looking for someone with auto industry experience or even someone who has previously been a CEO.<\/p>\n

“A person that’s a motivating, inspirational leader that’s familiar with big companies – manufacturing or industrial – would be helpful,” he told reporters.<\/p>\n

The search is complicated by the executive pay limits imposed by the U.S. government on companies that were bailed out by Congress.<\/p>\n

“I think it would be somebody who [wants] to do this for more than compensation,” Whitacre said. “It’s a big deal. It’s about coming back and making a company great and making it public again.”<\/p>\n

Meanwhile, Whitacre confirmed on Tuesday that if General Motors doesn’t sell Saab<\/a> by December 31, it will close the brand for good, the Associated Press reports.<\/p>\n

The possibility of new management at General Motors could be a good sign for car enthusiasts that are in the market for used Chevrolet models in New Jersey.<\/p>\n","protected":false},"excerpt":{"rendered":"

All used Chevrolet models in New Jersey were produced by General Motors, whose chairman Ed Whitacre said on Tuesday that he doesn’t plan on being the interim CEO for long, although there is no timetable to replace him. Whitacre, who took over for Fritz Henderson after he was forced to resign two weeks ago, said […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,12],"tags":[],"yoast_head":"\nGM's search for a new CEO continues<\/title>\n<link rel=\"canonical\" href=\"https:\/\/www.njstateauto.com\/blog\/gms-search-for-a-new-ceo-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GM's search for a new CEO continues\" \/>\n<meta property=\"og:description\" content=\"All used Chevrolet models in New Jersey were produced by General Motors, whose chairman Ed Whitacre said on Tuesday that he doesn’t plan on being the interim CEO for long, although there is no timetable to replace him. 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