GREEN
04/30/2009 05:12 am ET Updated May 25, 2011

Wagoner Resignation: Change Comes but the Green Agenda Must Live On

So CEO Rick Wagoner's gone - or will be as soon as an official announcement of his widely reported resignation as GM's chairman can be cobbled together. He took one for the team as politicians in Washington demanded blood in return for an increased effort to save General Motors Corp. from years of missteps, and, worse, no steps at all. Wagoner is generally considered to have been one of the best and brightest to sit at General Motors' helm in the post WW II years and however sad that may be, we don't disagree. But, like too many in Detroit, Wagoner's epiphany came too late and he didn't underestimated the speed at which his company was entering that 180-degree turn. Reams and volumes will be written in coming days and weeks about Wagoner, his faults and failings, contributions and conquests. 1

General Motors Corp. Chairman and Wagoner will step down immediately at the request of the White House, administration officials said Sunday. Wagoner's departure indicates that more management changes may be part of the deal, but it is still unclear who will be put in charge of GM. 2
  1. Wagoner Resignation: Change Comes but the Green Agenda Must Live On (Green Car Advisor (edmunds))
  2. GM Boss to Step Down at White House Request (PeakOil)

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