GM Announces Senior Leadership Appointments
Rick Wagoner, GM chairman and chief executive officer, announced that the GM board of directors approved the following appointments, effective immediately, at its meeting today:

• Fritz Henderson, vice chairman and chief financial officer, is elected president and chief operating officer.
• Ray Young, currently group vice president – finance, is elected executive vice president and chief financial officer, replacing Henderson.
• Tom Stephens, currently group vice president, global powertrain and global quality, is also elected executive vice president.

“GM is in the process of a remarkable transformation under Rick Wagoner’s strong leadership.  Tremendous progress has been made,” said George Fisher, presiding director of the GM board of directors.  “The promotion of Fritz Henderson to president and chief operating officer, along with Bob Lutz’s continued success at transforming our global product activities, and the promotions of Ray Young and Tom Stephens, will further solidify our leadership structure for today and the future.  The GM board is excited about the direction that GM is headed and believes these executive appointments will further support our business strategy and the work that needs to be done to achieve our growth, technology leadership and financial objectives.”

Fritz Henderson	Tom Stephens	Ray Young