UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549-1004
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 22, 2010
GENERAL MOTORS COMPANY
(Exact Name of Company as Specified in its Charter)
| 333-160471 | DELAWARE | 27-0756180 | ||
| (Commission File Number) |
(State or other jurisdiction of incorporation) |
(I.R.S. Employer Identification No.) |
| 300 Renaissance Center, Detroit, Michigan | 48265-3000 | |
| (Address of Principal Executive Offices) | (Zip Code) |
(313) 556-5000
(Company’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the company under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17-CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
| Item 1.01. | Entry into a Material Definitive Agreement. |
On February 22, 2010, General Motors Company (“GM”) announced that it had hired Stephen J. Girsky, a director of GM, as its vice chairman, corporate strategy and business development. Girsky, 47, will continue to serve on the GM board of directors, a position he has held since July 10, 2009. Girsky will have overall responsibility for corporate strategy, business alliances, new business development, and other related areas. The appointment is effective March 1, 2010.
Mr. Girsky’s compensation has not been finalized; this filing will be amended to provide that information when it is available.
| Item 9.01. | Financial Statements and Exhibits |
| Number |
Description | |
| 99 | Press Release dated February 22, 2010 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GENERAL MOTORS COMPANY (Company) | ||||||
| Date: February 25, 2010 | By: | /S/ NICK S. CYPRUS | ||||
| Nick S. Cyprus | ||||||
| Vice President, Controller and Chief Accounting Officer | ||||||
Exhibit 99
| News
|
|
For Release: 4:30 PM EDT
February 22, 2010-02-22
Stephen J. Girsky Named GM Vice Chairman, Corporate
Strategy and Business Development
| • | John F. Smith announces intention to retire at year end, will remain with GM as special advisor until that time |
DETROIT – General Motors announced today that Stephen J. Girsky has been appointed GM vice chairman, corporate strategy and business development. Girsky, 47, will continue to serve on the General Motors board of directors, a position he has held since July 10, 2009.
“Steve brings a depth of experience to this position that will serve the company well as we continue with our restructuring efforts,” said Ed Whitacre, GM chairman and CEO. “He is a trusted advisor who has made a major contribution through the company’s transition. We look forward to benefiting from Steve’s counsel and insights as we move the company forward.”
Girsky will have overall responsibility for corporate strategy, business alliances, new business development, and other related areas. The appointment is effective March 1, 2010.
With more than 40 years of corporate service, John F. Smith, GM vice president of corporate planning and alliances, has announced his intention to retire. Smith, 59, will remain with GM through the end of the year and serve as a special advisor to Chris Liddell, GM vice chairman and CFO.
“John has had a distinguished career,” said Whitacre. “He has been instrumental in many of the company’s milestones. We thank him for his dedicated service.”
###
About General Motors: General Motors, one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 204,000 people in every major region of the world and does business in some 140 countries. GM and its strategic partners produce cars and trucks in 34 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Opel, Vauxhall and Wuling. GM’s largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at www.gm.com.