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Roberrt C Stempel

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April 7, 1992 | DONALD WOUTAT, TIMES STAFF WRITER
The board of General Motors Corp. abruptly ousted the company's president as well as its chief financial officer in an unprecedented shake-up that reflects the deep woes confronting the world's largest industrial corporation. Meeting in Dallas, GM's board also moved to take a more prominent role in overseeing the corporation by installing an outside director as head of the board's executive committee in place of Chairman Robert C. Stempel. After less than two years on the job, Lloyd E.
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BUSINESS
April 7, 1992 | DONALD WOUTAT, TIMES STAFF WRITER
The board of General Motors Corp. abruptly ousted the company's president as well as its chief financial officer in an unprecedented shake-up that reflects the deep woes confronting the world's largest industrial corporation. Meeting in Dallas, GM's board also moved to take a more prominent role in overseeing the corporation by installing an outside director as head of the board's executive committee in place of Chairman Robert C. Stempel. After less than two years on the job, Lloyd E.
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