General Motors' CEO Out : Planet Money General Motors' chief executive officer resigns after only eight months on the job.
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General Motors' CEO Out

After eight turbulent months at the helm of the largest U.S. automaker, chief executive Frederick "Fritz" Henderson is resigning. The company said Tuesday that Chairman Ed Whitacre Jr. will serve as interim CEO.

Henderson succeeded Rick Wagoner last spring after the Obama administration ousted the former CEO amid a government-led reorganization.