Cars and Drivers

Was Microsoft's Liddell Promised GM CEO Job?

Microsoft’s (NASDAQ:MSFT) departing CFO Chris Liddell will join GM as Vice Chairman and CFO, according to several media reports. GM is so badly damaged that the move could not even be viewed as an improvement compared to his current job at the world’s largest software company. Liddell was well-regarded by Wall St.

The reason Liddell is moving may be that he was promised the CEO job at GM, or at least as been told the job is his to lose. Ed Whitacre, former AT&T CEO, is acting as GM’s chairman and chief executive but has told employees and the government that he will quickly find a new chief.

Liddell can join the list of GM executives and board members who know nothing about running a car company.

Douglas A. McIntyre

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.