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GM Says Goodbye To Girsky

A top advisor leaves after less than a year.

GM's Girsky resignsIt seems like every other day somebody important is stepping down or leaving a company.  Late last week is was Stephen Girsky’s turn.  Girsky was a full-time advisor for GM for a little under a year.  Before that, he was an analyst on Wall Street.  

As usual he cited family/personal reasons for his departure.  He wanted a job closer to home.  He was currently having to commute from New York to Detroit on a regular basis, and felt good about leaving at this time for business reasons.

Simonetti [GM Spokesperson] also said Girsky felt it was a good time to leave GM because the automaker’s North American turnaround plan is on track. GM narrowed its first-quarter loss to $323 million, down from $1.3 billion the year before.


That is definitely an improvement, but his replacement and the rest of the GM brass have their work cut out for them to get back to positive numbers. It just makes you wonder sometimes when people just leave for “family reasons.” However, GM shares rose 9 cents after the news became public.

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Posted on Monday, May 8th, 2006 at 7:10 am In Auto Warranty  


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