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What of Fritz Henderson ?

The man of the year 2009 for GM, Fritz Henderson, has slowly disappeared from the public eye after his strange removal from the helm of the once bankrupt American manufacturer back in December. Until now, that is, when news came he has been employed as a consultant by turnaround specialist AlixPartners, the same company who is working with GM with the sale and closure of the unwanted brands.

According to AlixPartners, Henderson however will not have anything to do with any matters related to the old GM. He will only act as a contractor. The little know fact is that Henderson is still working for GM, as a consultant on international operations on a month-to-month basis.

According to Autonews, Henderson gets a $59,090 monthly wage from GM, and he will keep on doing so until the end of his contract, later this year.

Henderson became GM CEO in March 2009, after the US government removed Rick Wagoner from the position, in light of the bankruptcy which followed.

Henderson led Gm through the bankruptcy process, being the man to blame for some hard decisions taken by the carmaker, as well as the man to commend for (in the end) GM's revival.

He was removed (officially, he resigned) in December, with rumors saying the move was the result of the different point of views between him and the GM board. Currently, the role of GM CEO has been assumed by Ed Whitacre.
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About the author: Daniel Patrascu
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Daniel loves writing (or so he claims), and he uses this skill to offer readers a "behind the scenes" look at the automotive industry. He also enjoys talking about space exploration and robots, because in his view the only way forward for humanity is away from this planet, in metal bodies.
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