General Motors Corp. announced today that its board of directors has elected Fritz Henderson, vice chairman and chief financial officer, to the positions of president and chief operating officer of the corporation.

In conjunction with Henderson’s appointment by the board, GM also promoted Ray Young, currently group vice president – finance, to the position of vice president and chief financial officer and named Thomas Stephens, currently group vice president of global powertrain and global quality, to the position of executive vice president.

Via: Detroit Free Press