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Governor Granholm's Statement on Resignation of GM CEO Rick Wagoner

March 30, 2009

LANSING - Governor Jennifer M. Granholm today issued the following statement regarding the resignation of General Motors Corp. Chairman and CEO Rick Wagoner:

"Rick Wagoner is an honorable man, and his decision to resign reflects his ultimate loyalty to General Motors and its outstanding employees.  To sacrifice his position so the company can obtain the necessary federal help to ensure its future as well as the jobs of the men and women who work there demonstrates an incredible amount of integrity, and I wish him the very best.  I look forward to working with his successor to ensure the viability of General Motors for its second hundred years.

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