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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 ...
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.
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.
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 ]
On December 1, 2009, Whitacre became interim CEO following Fritz Henderson's resignation. [18] Since taking the helms, he has been dubbed the GM Reaper by many in blogs, noted for his strong desire to "kill off" brands and projects, such as Saab and a sub-Volt Toyota Prius competitor planned for Chevrolet.
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.
-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 ...
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]