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06-10-2009, 12:13 PM
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| I love Derf!!   Join Date: Mar 12 2002 Location: Undisclosed Secure Location
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Rep Power: 26   | How is a car like a telephone? Whitacre Vows to ‘Learn About Cars’ as Chairman of New GM Board By Amy Thomson and Katie Merx June 10 (Bloomberg) -- Edward E. Whitacre Jr. built AT&T Inc. into the biggest U.S. provider of telephone service over a 43-year-career. By his own admission, he becomes chairman of General Motors Corp. knowing nothing about the auto industry. The 6-foot-4-inch Texan nicknamed “Big Ed” said steering the nation’s largest automaker after bankruptcy is “a public service.” People who know him say he can meet GM’s need for the type of transformation he orchestrated at Dallas-based AT&T. “I don’t know anything about cars,” Whitacre, 67, said yesterday in an interview after his appointment. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.” More: http://www.bloomberg.com/apps/news?p...d=aQ._YJhEj_Jo |
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