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Frederick 'Fritz' Henderson, GM CEO, Resigns After 8 Months

By Deena Bustillo on
Frederick Henderson, General Motors' CEO, is stepping down after 8 trying months as the head of the company, the world's biggest automaker. The 51-year-old took the post March 29 of this year, after Rick Wagoner was ousted by the Obama administration. The company filed Chapter 11 under Henderson in June, and things haven't gotten much better since. With some help from the government-led reorganization, the company was only under the court's protection for 40 days, but since then plans to...Read Full Story