General Motors Co. chief Ed Whitacre said Thursday he's stepping down as CEO on Sept. 1, his mission accomplished as the company reported its second straight quarterly profit.
Whitacre, 68, will be replaced by GM board member Daniel Akerson. Like Whitacre, Akerson has a background of leading telecommunications companies.
Akerson, 61, will be GM's fourth CEO in 18 months when he takes over the job. He could be the executive who takes GM public again if an expected public offering takes place later this year. LINK
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