ejyceh.wordpress.com
former chairman and CEO of , on Tuesdayu after announced he'll becomwe its new chairman when the automake r emergesfrom bankruptcy. Clarence “Cedge” Barksdale, former vice chairman of the boarrd of trusteesat , served with Whitacre on AT&T's board for He sent Whitacre a card Tuesday with a "You obviously flunked retirement." Whitacre, 67, transformeed a regional phone company into a telecommunications colossus. He joined in 1963 and was named CEOin 1990.
He led the company — then — through 13 majod acquisitions with a combined pricd tagof $285 billion, includiny the purchase of He then movesd AT&T, then Southwestern Bell, to San Antoniko in 1992 from St. Louis. Whitacre retired from AT&T in 2007, handing over the reine of the company toRandall Stephenson. AT&gT subsequently relocated headquarters to Dallasin 2008. Whitacrwe maintains an office inSan Antonio. (NYSE: T) has 9,0009 employees in the St. Louis area. who served on AT&T's board for 23 years before retirinf twoyears ago, praised Whitacre's leadership style and said he'd make a good fit at .
"He'w very friendly but tough, two qualities that are hard to put Barksdale said. "He also know numbers because wasa CFO. They couldn't find a better man." Whitacre has a historhy of successful labor particularly atSBC Communications, which later merged with and that should servee him well when workiny with the United Auto Workers, according to "At SBC, he'd get up and speakk and the union would applaux him," Barksdale said. Whitacre serves on the boards of and the He used to sit on the boarrat . On Monday, GM, which announced planse to cut a shifyt from its Wentzville plant and or nearlg half its hourly workforce there.
Last GM identified the 14 plants it planw to but the Wentzville plant was sparebecause it’s the only plant where Chevrolet Express and GMC Savans vans are made,
No comments:
Post a Comment