Management Turnover as Change Agent

Friday, October 24, 2008

CEO Watch - Rick Wagoner, General Motors Update 8

Speculation is beginning to arise about the fate of Rick Wagoner as GM's CEO should a deal be made with Chrysler/Cerberus.  While the chances for a deal between the two car companies still seem a bit remote, should it happen, would Wagoner remain CEO?  I would doubt it.  

Earlier today a piece in speculated on a number of possible choices who would come from Cerberus.  While I am skeptical of the choices listed, I do think a deal would necessitate the need for a new CEO excluding both Wagoner of GM and Nardelli of Chrysler.

Stay tuned.

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