GM plans management shakeup, to reassign Lutz: report
In a sharp move three days after replacing Chief Executive Fritz Henderson, General Motors Co
A GM spokesman declined to comment on the Wall Street Journal report. An announcement to employees has been planned for Friday morning.
Whitacre was named interim CEO of the restructuring automaker on Tuesday after Henderson resigned in a split with the board.
Lutz, 77, put off retirement to serve as the head of marketing for GM with its emergence from a government-funded bankruptcy in July. He has held several senior GM positions.
Lutz's next role is expected to be more closely aligned with vehicle design, the Journal reported.
(Reporting by David Bailey, editing by Gerald E. McCormick)
© Copyright Thomson Reuters 2024. All rights reserved.