March 29 2009 General Motors CEO Ousted By White House


On March 29, 2009, US President Obama and his administration requested and received the resignation of Rick Wagoner, the chairman and chief executive of troubled auto giant General Motors (GM). Wagoner spent more than 8 years in the top job at GM, during which the company lost billions of dollars. In 2008, GM was surpassed … Continue reading March 29 2009 General Motors CEO Ousted By White House