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Empresas y finanzas

GM CEO Whitacre step downs


    DETROIT (Reuters) - General Motors Chief Executive Ed Whitacre announced on Thursday that he would step down as CEO effective September 1 and would be replaced by Dan Akerson, a GM board member.

    Highlights:

    * GM CFO says expects to post $200 million to $300 million in restructuring charges in Q3 and Q4 for restructuring opel

    * GM CFO declines to comment on talks on securing credit facility, says loan agreement one of the 'building blocks' for healthy balance sheet

    * GM CFO says sees no evidence U.S. economic recovery is 'turning down at this

    stage'

    * GM CFO says automaker could add production capacity at U.S. plants by adding

    third shift

    * GM CFO declines to comment on IPO filing timing

    * GM CEO whitacre says effective September 1 will step down as CEO

    * GM CEO whitacre says will remain chairman until end of 2010 * Whitacre says will be replaced by Dan Akerson as CEO

    * Whitacre says board has been considering change in his role since he took CEO

    role * Whitacre says confident Akerson will 'do a great job'; has full support of

    the board * Gm's Akerson says 'I've watched GM regain momentum in North America' * Gm's Akerson says 'We still have important work ahead of US but I am

    confident that we are building the foundation for GM's long-term success' * Gm's akerson says thankful Whitacre is remaining chairman, premature to

    discuss his plans as CEO

    (Detroit Equities Desk)