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[Auto Observer] GM Close to Hiring New CFO; Current CFO Young Moved to ...: Whitacre said in a statment issued by GM Monday. "Looking ahead at the needs of our business, it has become clear that Ray's vast global experience and financial expertise will be essential in managing the challenges and dynamics of growing our international business."

[Auto RSS Feed] GM moves CFO to new | Top Industry News, Statistics, Research and ...: BNET Automotive gathers and supplies daily industry trends and news coverage with specific insights for managers and executives, focusing on the major auto companies and parts manufacturers. In addition to detailed auto company trends and profiles, we report on new alliances and partnerships, new models, mergers and acquisitions, labor management, auto unions, investments, and other key issues related to this sector of business.

[The Truth About Cars] GM CFO Young Named VP for International Operations | The Truth ...: Previous CFO Fritz Henderson was promoted to the CEO's spot by the presidential auto task force, and Automotive News reports that current CFO Ray Young has just been named VP for International Operations.

[Automotive News - Automaker News Feeds] Whitacre says GM is 'close' to appointing new CFO - Automotive News: The statement marked the first time GM has acknowledged it is looking to replace CFO Ray Young, although news outlets have widely reported the search. Whitacre took over as CEO a week ago, when Fritz Henderson was dismissed after eight .

[egmCarTech] GM looking at 2 candidates for CFO Ray Young's replacement ...: GM has narrowed its search to two candidates to replace CFO Ray Young and according to Automotive News, a decision may come as early as the end of the year. Both candidates are from outside the auto industry and are from a pool of seven executives chosen with the assistance of executive search firm, Crist Kolder Associates.

[AutoNews247.com] GM CFO Ray Young named VP International Operations: Freshest Auto News Delivered to you 24 Hours a Day, 7 Days a Week.

[Car Advice | News Blog] GM CFO to be announced within weeks : Car Advice | News Blog: Whitacre was hopeful that an announcement would be made within two to three weeks and said that “a real good candidate” had presented to replace Ray Young in the job. He also confirmed that there were currently no plans for further job cuts at any level of GM's US operations.

[Automotive News - Automaker News Feeds] GM has 2 candidates to replace CFO Young, report says - Automotive ...: The GM board endorsed plans in early September for CFO Ray Young to step aside, people familiar with the deliberations have said. Young probably will be reassigned to GM's international operations, Bloomberg reported last month.

[Vehicles Blog] GM CFO Ray Young named VP International Operations | Vehicles Blog: Ray Young, whose future as General Motors Co.and#8217;s finance chief has been uncertain for months, was today named vice president of international operations. Young, 47, will report to International President Tim Lee beginning Feb.

[News from the world of automotive] GM CFO Ray Young named VP International Operations « News from the ...: Ray Young, whose future as General Motors Co.and#8217;s finance chief has been uncertain for months, was today named vice president of international operations.

[Motor Trend Blog] Why GM Fired Fritz Henderson | Car News Blog at Motor Trend: I was more or less neutral on the whole Fritz Henderson thing, he didn't do anything to sink the ship, and he didn't do anything to raise the ship, mainly because he wasn't in power long enough to do so (and it seems most people who hated him did so because he refused to bring Zeta back to North America). Anyway, I think Whitacre is smart enough to see GM's current strengths (design and engineering) and its weakness (finances and marketing) and I'm confident he will make the right decisions on who to release and who to retain within the departments.

[Jalopnik] New GM CEO Futzes With Org Charts, Bob Lutz's "Maximum Marketer ...: "I want to give people more responsibility and authority deeper in the organization and then hold them accountable," Whitacre said. "We've realigned our leadership duties and responsibilities to help us meet our mission to design, build and sell the world's best vehicles."

[The Car Connection] MORE: Another Day, Another Shakeup at GM: Lutz Reassigned - The ...: Diana Trembley was named vice president of manufacturing and labor, and Denise Johnson is the new vice president for labor.Surprisingly, CFO Ray Young has not yet been replaced despite scathing reviews by the President's Auto Task Force of the performance and accountability of the pre-bankruptcy GM's finance department.Board member Stephen J. Girsky will also take on an expanded advisory role to Whitacre.Next Tuesday, Whitacre will provide a business update on GM's operations since its emergence from bankruptcy.EARLIER STORY: GM insiders and news reports confirmed this morning that employees at the beleaguered automaker will listen in to a 9 am (Eastern) conference call in which further management shakeups will be revealed.The news follows the surprise Tuesday resignation of CEO Fritz Henderson, which was announced by GM board chairman Ed Whitacre in a conference call on the eve of the Los Angeles Auto Show.Henderson had been scheduled to be the keynote speaker at the LA Auto Show, but was replaced on less than a day's notice by vice chairman and marketing head Bob Lutz.He's the GM executive who shook up the product development process and is credited with such highly regarded vehicles as the 2009 Chevrolet Malibu midsize sedan and 2010 Chevrolet Camaro sports coupe.Now, apparently, it's the 77-year-old 78-year-old Lutz's turn to be reassigned.  He will return to a role within product development, but Whitacre's new organizational structure--drawn up in four hours, apparently--will reflect his desire to promote "younger managers".No more dramatic resignations are expected, but once more, General Motors executives will be given new assignments and their reporting structures will be changed.Susan DochertyEnlarge Photo[GM Media, Automotive News (subscription required) Wall Street Journal, and others]

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