General Motors ousted Fritz Henderson as chief executive on Tuesday night in a surprise move that will see the ailing US state-controlled carmaker get its second new boss in less than a year. GM directors – including Ed Whitacre, chairman and now interim chief executive, and David Bonderman, co-founder of private equity firm TPG – decided that GM would be better going into its IPO with a different chief executive. See Lex, “So long, Fritz”.

This entry was posted by Gwen Robinson on Wednesday, December 2nd, 2009 at 4:47 and is filed under Capital markets, People. Tagged with Fritz Henderson, gm. Edit this entry.