Printer Friendly

GM DIRECTOR ISSUES STATEMENT

 GM DIRECTOR ISSUES STATEMENT
 DETROIT, April 8 /PRNewswire/ -- Following is a statement from John


G. Smale, director, General Motors Corporation (NYSE: GM):
 Contrary to recent media reports, neither I nor any of the other outside members of the General Motors Board of Directors intend to involve ourselves in the day-to-day business of GM. That job is the responsibility of Bob Stempel and he has the board's full support and confidence in pursuing the goal to accelerate the return to profitability of GM's North American operations.
 The purpose of the board's Executive Committee, of which I am chairman and Bob Stempel is a member, is to assure timely and effective communication between the committee and the chairman (Bob Stempel) of the corporation's Management Committee regarding all phases of GM's business activities.
 -0- 4/8/92
 /CONTACT: Jim Crellin, GM News Relations, 313-556-2027/
 (GM) CO: General Motors Corporation ST: Michigan IN: AUT SU:


SM -- DE020 -- 6284 04/08/92 13:03 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Apr 8, 1992
Words:160
Previous Article:CBS RADIO BENCHES ANALOG, GOES DIGITAL FOR GAME OF WEEK
Next Article:ENGLISH CHINA CLAYS FILES FOR LISTING ON NEW YORK STOCK EXCHANGE


Related Articles
GM ISSUES STATEMENT ON COMMERCE DEPARTMENT DECISION ON MINIVAN DUMPING
JOHN SMALE ISSUES STATEMENT
GM CHAIRMAN RESIGNS
GM RESPONDS TO REPORTED TRUCK LEGAL ACTION
BIEBER AND YOKICH STATEMENT ON GM PROPOSAL TO CONTRIBUTE CLASS E STOCK TO PENSION FUND
SECRETARY OF LABOR ISSUES STATEMENT ON GENERAL MOTORS' PENSIONS
GENERAL MOTORS STATEMENT ON OPINION OF FEDERAL JUDGE G. ROSS ANDERSON, JR.
GENERAL MOTORS CORP - GM Annual Stockholders Meeting.
3RD LD: GM board OKs tie-up talks with Renault-Nissan alliance.

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters