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Robert T O Connell

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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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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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BUSINESS
June 29, 1988
General Motors Corp. has announced a series of top-level management changes, including the appointment of three new executive vice presidents. The assignments follow the retirement of GM Executive Vice President Elmer W. Johnson, 56, who at one time had been seen as a possible successor to GM Chairman Roger B. Smith. Johnson will return to his former Chicago law firm, Kirkland and Ellis.
BUSINESS
April 28, 1994 | From Times Wire Services
General Motors Corp.'s data processing, defense-electronics and financial services subsidiaries announced first-quarter earnings Wednesday as the auto maker prepared to report its own financial results. General Motors Acceptance Corp., the auto maker's Detroit-based financial services arm, said earnings declined 24% from a year ago. Earnings for the auto maker's Electronic Data Systems Corp. rose 14% and GM Hughes Electronics Corp., based in Los Angeles, said earnings increased by 59%.
BUSINESS
June 12, 1992 | DONALD WOUTAT, TIMES STAFF WRITER
Citing mismanagement and poor judgment, General Motors Corp. ordered a major housecleaning at its giant finance subsidiary Thursday in the wake of embarrassing charges of a $422-million fraud at one of its car dealers. GM replaced the president, the chief financial officer and the operations boss of General Motors Acceptance Corp. It also reassigned several other officials and said it is taking disciplinary action against "numerous" employees at GMAC's Smithtown, N.Y., office.
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