After a move that strongly resembles that of Bob Lutz (who unretired himself earlier in 2009), ex-GM CEO Fritz Henderson is back at The General. Call it the rise of the dead.
After being ousted stepping down as CEO at the beginning of December, Fritz did not receive severance. To compensate for this, General Motors is taking advantage of Fritz’s vast knowledge of international operations, a subject that’s rather important now that GM has decided to retain Opel and Vauxhall.
Henderson will be paid $59,090 per month for approximately 20 hours of work (also per month). This contract will run through the end of 2010. (more…)
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