Lopez Leads A Parade Out Of Gm
Is that the other shoe dropping? Six other shoes? With their boss's on-again, off-again departure for Volkswagen now (apparently) final, six General Motors purchasing executives have decided to follow J. Ignacio Lopez de Arriortua out the door. Three senior managers and three buyers resigned on Mar. 22, apparently to go to VW. All worked for Lopez in Europe, and four followed him to Detroit. GM Chief Executive Jack Smith says he expects to name Lopez' replacement by Apr. 5, when GM's board next meets. GM managed to announce Lopez' departure with a last-minute insert in its just-published annual report.
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