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Kyle Vogt, the head of General Motors’ self-driving car unit Cruise, resigned from the company late Sunday. His departure came the day after he apologized to the unit’s employees for problems ...
Wagoner resigned as chairman and CEO at General Motors on March 29, 2009, at the request of the White House. [ 1 ] [ 2 ] [ 3 ] The latter part of Wagoner's tenure as CEO of General Motors found him under heavy criticism as the market valuation of GM went down by more than 90% and the company lost more than US$82 billion. [ 4 ]
GM’s big bet on EVs was a cornerstone long-term goal for GM and its CEO. GM had committed to spend $35 billion by 2025 for its electrification plans, with a goal of being all-electric by 2035.
Frederick Arthur "Fritz" Henderson (born November 29, 1958) was president and chief executive officer of General Motors. Prior to his appointment as CEO on March 31, 2009, Henderson was the Vice President of General Motors and had been with the company since 1984. Frederick Henderson resigned as the CEO of General Motors on December 1, 2009.
General Motors was represented by the New York specialist law firm Weil, Gotshal & Manges. The United States Treasury was represented by the United States Attorneys Office for the Southern District of New York and Cadwalader, Wickersham & Taft LLP. An ad hoc group of the bondholders of General Motors Corporation was also represented in court. [47]
Vogt’s resignation comes roughly two years after he was reappointed as CEO, following an unexpected departure by Dan Ammann, a former GM executive, in December 2021.
The company was acquired by General Motors in 2016, and operated as a largely autonomous subsidiary, [7] focussing on producing a fleet of driverless taxis. [8] Following a series of incidents, it suspended operations in October 2023, and Kyle Vogt resigned as CEO in November 2023. [9] The company began returning its vehicles to public roads in ...
-The CEO of General Motors' robot-taxi unit Cruise, Kyle Vogt, has resigned from the company a day after apologizing to staff as the company undergoes a safety review of its U.S. fleet. Vogt, 38 ...