Chris Liddell is set to leave GM

Chris Liddell

Reports say that General Motors finance chief Mr. Chris Liddell is set to leave the company. The 52 year old has a had a very short stint at GM having only joined last year.  The former Microsoft employee is set to depart officially on April 4 bringing to an end a wonderful albeit short career at GM.

Liddell will be remembered for guiding the company through a record $23 billion IPO in the month of November last year. GM’s financial vice president and treasurer Mr. Morgan Stanley has already been lined up for the post that falls vacant in April.

Reasons for Liddell’s exit are still not very apparent however, it is clear that the decision was arrived at after discussions with the firms CEO Mr. Dan Akerson. Liddell was recently quoted in the press saying that it is time for him to move on and that he had achieved all that he had wanted to at GM.

Last year was the best year for GM in terms of profits since 2004. Despite his short stay, many stakeholders who saw the financial fortunes of GM turn during his tenure will surely miss him. Upon his arrival in 2009, many considered him as the perfect replacement for the then CEO Mr. Ed Whitacre.