Things at the top of the GM food chain are pretty wild right now. Interim CEO Ed Whitacre is drawing up management structure changes by the hour, people are coming and going from majorly important jobs, and the only constant seems to be change by the day. The most recent bombshell from the top is that Michael Richards, the very recently appointed leader of the Buick division, has resigned, effective immediately.
Richards’ announcement came on the same day that it was announced the leader of Chevrolet was going to be replaced. We’re not major league business leaders by any stretch, but the fact that no one seems to be able to hold onto a job for more than a year at the top level of management inside GM frightens us. Sooner or later that lack of continuity will start to hurt.
GM must have a company on retainer that specializes on relocating people’s offices. Those guys are working overtime lately. Richards was brought in specifically by Bob Lutz and once Lutz had his job change, Richards was apparently not too satisfied with his role either.