Stepping down
Source: Agencies |
March 11, 2011, Friday
|
Print Edition
Print Edition
GENERAL Motors Co Chief Financial Officer Chris Liddell has decided to step down from April 1 after helping the company pull off a successful stock offering and repair years of accounting troubles.
GM said yesterday that Liddell, 52, the former Microsoft CFO with a reputation as a problem solver, will be replaced by Treasurer Dan Ammann.
Under Liddell, GM posted four straight profitable quarters.
Spokeswoman Noreen Pratscher said Liddell accomplished his goals of finishing an initial public stock offering and returning the company to sound financial footing.
She said Liddell did not say anything about his plans for the future.
The 52-year-old Liddell joined GM in January 2010, about six months after it emerged from bankruptcy protection.
GM said yesterday that Liddell, 52, the former Microsoft CFO with a reputation as a problem solver, will be replaced by Treasurer Dan Ammann.
Under Liddell, GM posted four straight profitable quarters.
Spokeswoman Noreen Pratscher said Liddell accomplished his goals of finishing an initial public stock offering and returning the company to sound financial footing.
She said Liddell did not say anything about his plans for the future.
The 52-year-old Liddell joined GM in January 2010, about six months after it emerged from bankruptcy protection.
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