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Old 03-29-2009, 04:10 PM   #1
FenwickHockey65
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RICK WAGONER RETIRES

http://www.bloomberg.com/apps/news?p...HgA&refer=home

Quote:
March 29 (Bloomberg) -- General Motors Corp. Chief Executive Officer Rick Wagoner will step down after more than eight years running the largest U.S. automaker, people familiar with the situation said.

The people, who asked not to be named because the announcement hasn’t been made, didn’t give a reason why Wagoner, 56, is leaving. Wagoner said as recently as March 19 that he didn’t plan to resign.
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