
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, June 29, 1994                   TAG: 9406290122
SECTION: BUSINESS                    PAGE: B7   EDITION: METRO 
SOURCE: Associated Press
DATELINE: WARREN, MICH.                                 LENGTH: Short

GM SHAKES UP MANAGEMENT

General Motors Corp. on Tuesday named G. Richard Wagoner Jr. president of its core North American auto business, the source of billions of dollars in losses and the key to the company's return to financial health.

Wagoner, 41, chief financial officer and head of worldwide purchasing, takes over a job that has been handled by chief executive officer Jack Smith since the 1992 boardroom coup that put Smith in charge of turning around the nation's largest automaker.

The company also announced changes in its organizational structure and several other appointments. Smith said GM's components operations would operate as a separate business unit and named J.P. Battenberg III as its president.

Wagoner will be in charge of North American Operations, which is responsible for GM's car and truck business in the United States, Canada and Mexico and accounts for nearly 80 percent of the company's annual revenues.

by CNB