Where is Buckwheat's sense of fairness? This man retired from AT&T a few years ago with a bonus of only $158 MILLION.
Plus, AT&T's competitive advantages were borne out of demolishing the competition, large and small, thus gaining market share. Just the anti-thesis of what you BIG CORPORATION haters endorse.
Buckwheat has come full circle................................ :lol:
Plus, AT&T's competitive advantages were borne out of demolishing the competition, large and small, thus gaining market share. Just the anti-thesis of what you BIG CORPORATION haters endorse.
Buckwheat has come full circle................................ :lol:
Whitacre Vows to ‘Learn About Cars’ as Chairman of New GM Board
By Amy Thomson and Katie Merx
June 10 (Bloomberg) -- Edward E. Whitacre Jr. built AT&T Inc. into the biggest U.S. provider of telephone service over a 43-year-career. By his own admission, he becomes chairman of General Motors Corp. knowing nothing about the auto industry.
The 6-foot-4-inch Texan nicknamed “Big Ed” said steering the nation’s largest automaker after bankruptcy is “a public service.” People who know him say he can meet GM’s need for the type of transformation he orchestrated at Dallas-based AT&T.
“I don’t know anything about cars,” Whitacre, 67, said yesterday in an interview after his appointment. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”
Whitacre’s selection bucks more than a half-century of tradition at GM, where the only non-executives to lead the board since 1937 were interim Chairman Kent Kresa and John Smale, who held the job from 1992 through 1995. Whitacre will take the post when Detroit-based GM exits Chapter 11, perhaps by Aug. 31.