Topic: Ed Whitacre

White House hails new GM CEO Akerson

WASHINGTON (Reuters) - The White House hailed GM's new CEO Dan Akerson on Friday as a proven and respected executive who can guide the company's recovery.Spokesman Robert Gibbs said President Barack Obama was informed of Edward Whitacre's resignation and was grateful for ...

GM has repaid all government loans: CEO

General Motors said it had fully repaid billions of dollars in government loans five years early, prompting its CEO to proclaim the once-crippled automaking giant was making "great progress."The White House seized on the fact that GM had reimbursed 8.4 billion dollars ...

New GM CEO's Chicago Links

DON'T BE HARD ON GM'S NEW CHAIRMAN EDWARD WHITACRE for confessing during an interview last week that he knows nothing about cars. Texans often tumble over their tongues when taking a stab at humility. The Obama administration, in my view, picked Whitacre ...