BREAKING NEWS! BREAKING NEWS!
Edward Whitaker Jr., who is the former Chairman and CEO of AT&T has been tapped to become the next Chairman of General Motors when GM exit's from bankruptcy.
The announcement made today by current Chairman, Kent Kresa, informed the media that he will serve in his current capacity until the new GM exits from bankruptcy, expected later on this summer.
It has been reported that 6 other current board members will retire after the formal approval for the sale of the "Old" GM is transferred to the "New" GM by the U.S. Bankruptcy Court. The new board will consist of 13 members and will be represented by the Canadian Government and the UAW Voluntary Employees' Beneficiary Association.
Edward Whitaker Jr., who was Chairman of AT&T till 2007 holds a industrial engineering degree from Texas technological University and sits on the bards of ExxonMobile Corp. and Burlington northern Sante Fe Corp.
Enjoy Today!
Kevin Kimbrough
That Car Guy
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