Utterly Meaningless » Blog Archive » OPEN MOUTH, INSERT FOOT…

    Filed at 12:12 pm under by dcobranchi

    Be “reassigned”

    NEW YORK (CNNMoney.com) — In a management shake-up Friday, General Motors acting chief executive Ed Whitacre pulled long-time auto executive Bob Lutz out of his role as head of marketing, putting him in a new role as an advisor on global design and product development.

    I have absolutely no evidence that this move was related to Lutz’ call for the federal gov’t to increase gasoline taxes, but if I were CEO I think I’d want my head of marketing to have some sense of the market. Calling for the feds to raise gasoline taxes in a terrible economy just so GM can sell more cars is just plain stupid.

    3 Responses to “OPEN MOUTH, INSERT FOOT…”

    Comment by
    December 4th, 2009
    at 5:42 pm

    I’d have fired his ass.

    Comment by
    December 4th, 2009
    at 10:49 pm

    Remember, these people are too big to fire. Or something like that if you believe the hype about so many companies needing the bonuses to keep the execs who led the debacle in the first place. It’s all about knowing where the bodies are.

    Comment by
    December 6th, 2009
    at 8:00 pm

    No one person is too big to fire. Screw up, lose your job. It’s that simple.