GM CEO Chris Liddell Steps Down, Replaced By Treasurer Dan Ammann

GM CEO Chris Liddell Steps Down, Replaced By Treasurer Dan Ammann
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After 14 months on the job and one IPO, General Motors CFO Chris Liddell is stepping down, and will be replaced by treasurer Dan Ammann. Liddell was viewed as a potential successor to CEO Dan Akerson, but said he wants to move on from his CFO position, after having previously holding the title at Microsoft… Continue Reading...

General Motors Posts $865 Million Q1 Profit

General Motors Posts $865 Million Q1 Profit
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New models, strong sales and cost cutting measures have put General Motors in the black for the first quarter of 2010. GM posted a $865 million Q1 net profit, after posting staggering losses for five straight years in a row. “We’re pleased with our first quarter performance, in particular achieving profitability,” said Chris Liddell, vice… Continue Reading...