Interim GM CEO named as permanent CEO

Then AT&T Chief Executive Officer Edward E. Whitacre, Jr. says that the nation's largest telecommunications company isn't planning another acquisition of a major competitor, but it can't rule one out either, in an interview with the Associated Press Monday, Feb. 12, 2007, in Atlanta. (AP Photo/Gene Blythe)

January 25, 2010 3:13:47 PM PST
Ed Whitacre Jr. says the main reason he's taking over as permanent CEO of General Motors Co. is to bring stability to the top of the troubled automaker.