Source: GM Chairman to become permanent CEO

AP source says GM Chairman Ed Whitacre Jr. to become automaker's permanent CEO.

General Motors's chairman and interim chief executive, Ed Whitacre Jr., will become the permanent CEO of the automaker, a person briefed on the matter said Monday.

AFP - US auto giant General Motors interim chief executive Ed Whit

General Motors' chairman and acting CEO Ed Whitacre will become permanent CEO, the automaker announced in a conference call Monday, several media sources are reporting.

Yahoo just announced that chairman Fred Amoroso will step down in June. We've communicated with three Yahoo sources since the news broke. Given what they told us, we think this why Amoroso is out:

General Motors Co Chairman and acting Chief Executive Ed Whitacre will take the CEO role on a permanent basis, CNBC reported on Monday.