Frederick Henderson

Frederick A. Henderson , known as "Fix-It-Fritz" Henderson , (born November 29, 1958 in Detroit ) was President and CEO of General Motors , where he was employed from 1984 to 2009.

education

Henderson earned his bachelor's degree in business administration from the Ross School of Business , the University of Michigan's business school, and his master's of business administration from Harvard Business School .

Career

From 1984 to his appointment as President of General Motors Acceptance Corporation in 1992, he held various positions in Detroit's finance department. Henderson was Vice President and Managing Director of GM do Brasil from 1997 to 2000 . This line of business covers Brazil , Argentina , Paraguay and Uruguay . He successfully introduced the small, inexpensive Chevrolet Celta to these markets and initiated the development of the Chevrolet Meriva .

In June 2000 he was named Vice President and President of GM-LAAM (Latin America, America and the Middle East). In January 2002 he moved to Singapore as president of GM's Pacific division, where he successfully expanded operations in Korea and China.

In 2004, Henderson was appointed Chairman of GM Europe, where he was based in Zurich. He carried out extensive restructuring and cut a large number of jobs.

After becoming Vice Chairman and CEO in January 2006, he became President and CEO of GM in March 2009. During this time, the Financial Times quoted him as saying:

“Being part of a turn around at GM when, frankly, many people don't think it can be done, is exhilarating, if you like challenges. I have never had a dull day in my time at GM. "

“Being at GM at a time of upheaval when many people doubt that it is even possible is really exciting when you enjoy challenges. In all of my time at GM, I've never had a boring day. "

On December 1, 2009, Henderson announced his resignation. As his successor, the GM board chairman Ed Whitacre will be entrusted with the management of the US automobile company for a transitional period.

Since then he has been working as a consultant.

Private life

Even his father was employed by GM; he was a manager in the sales organization for the Buick brand . Frederick Henderson is married to Karen, with whom he has two daughters.

Appointment as CEO

Henderson succeeded Rick Wagoner as CEO , who, after eight years in this position, complied with a request from American President Barack Obama and resigned. He assumed the new position on March 31st. Rick Wagoner welcomed Henderson's appointment by saying, “Having worked with Fritz for several years, I know that he is ideally suited to lead the company through the necessary restructuring. His knowledge of global industry and the GM company is exceptional; he has the intellect, energy and support of all GM employees worldwide to do his job successfully. "

In response to this message, Henderson announced that it would work around the clock for the next 60 days with all stakeholders to meet the aggressive requirements set by the task force. He is willing to make the fundamental and lasting changes that are necessary for GM's long-term success.

Individual evidence

1. ^ ^{A b} David Welch, Gail Edmondson, William Boston: Toughest Job Yet For This Mr. Fixit. Stanching the red ink at GM-Europe may take Fritz Henderson quite a while . In: BusinessWeek, November 15, 2004
2. ^ Biography Frederick A. Henderson . American City Business Journals, in the Sales & Marketing Center
3. ^ ^{A b} Bill Vlasic: Frederick A. Henderson . In: New York Times , March 27, 2008
4. ^ Noelle Knox: GM plans to slash up to 12,000 jobs in Europe . In: USA Today , October 12, 2004
5. ↑ Henderson, Frederick. Brief Biography . Reuters
6. ↑ Frederick (Fritz) Henderson . ( Memento of the original from April 4, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. The Financial Times , April 12, 2006 
7. ↑ tagesschau.de ( Memento from December 4, 2009 in the Internet Archive ) December 1, 2009; Retrieved December 2, 2009
8. ↑ GM chief wagoner ousted by Obama . BBC , March 30, 2009
9. ↑ Julia Kollewe, Andrew Clark: Obama ultimatum on aid drives GM chief from office . guardian.co.uk, March 30, 2009.
10. ↑ GM Statement on Auto Industry Restructuring . ( Memento of the original from April 2, 2009 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. GM, March 30, 2009