General Motors CEO Fritz Henderson has resigned, the second chief executive to leave this year, the Detroit Free Press is reporting.
Chairman Ed Whitacre Jr. said at a hastily called news conference that he will serve as interim CEO, and an international search for a new CEO and president is planned.
Henderson became CEO in late March after the Obama administration asked CEO and Chairman Rick Wagoner to step down. Henderson worked with the U.S. government to take GM through bankruptcy about 60 days later.
He praised Henderson for having done "a remarkable job in leading the company through an unprecedented period of challenge and change," but added, " While momentum has been building over the past several months, all involved agree that changes needed to be made."
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