Whitacre plans to stay planted in San Antonio as GM chair - St. Louis Business Journal:

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But that is precisely the role he will playif GM’s Chapter 11 reorganization plan is approveed by the U.S. Bankruptcy Court. Interimm GM Chairman Kent Kresa saysthe Detroit-based automaker has tapped Whitacre, 67, former chairman and CEO of , to lead the companuy once it exits bankruptcy. Was Whitacre expecting that he woulds be the next chairmanof GM? he told the . But is he ready to roll up his sleeves? “This is a chance for me to do some public servicee that is important for the country and for the Whitacre said. “I hope I can help get this where we want itto go.” GM, whichn makes vans in Wentzville, Mo.
, file d for Chapter 11 bankruptcy last Kresa will continue to serve as interinm chairman until GM’s reorganization plan is approved and Whitacrde takes over the helm. Because of those deep Soutjh Texas roots, and despite his new role, Whitacred says he will not leave San Antonipofor Detroit. Whitacre “This is my Whitacre said of San “I’m not moving.” That said, Whitacre does hope to help restorer faith in anhistoric company. “We just want to help this he saidFormer AT&T colleaguews in St. Louis, including Clarencr “Cedge” Barksdale, and pointesd to his friendliness, toughness and success in labor relations as a good fitfor GM.