Monday, Jun. 17, 1946
Westward G.M.
By a quiet shuffle of topside organization, the job of directing General Motors Corp. moved west last week from New York to Detroit. Alfred Pritchard Sloan Jr. stepped down as G.M.'s chief executive officer (but held onto his board chairmanship). President Charles Erwin Wilson stepped up, will now run G.M. from Detroit with the help of a new operations policy committee.
The making of financial policy was left in Manhattan. But henceforth all decisions on production will be made by Wilson. He will also lay down the policy for G.M.'s public relations, which were none too well handled during the G.M. strike. Grey, affable Charlie Wilson, who has always gotten along well with the press, was expected to improve them.
There were also shifts on the board of directors. Lammot du Pont, who has not been active in G.M. affairs, resigned and Director Donaldson Brown, another Du Pont man, though remaining a director, withdrew from any "further executive responsibilities" on the General Motors board. This caused Wall Streeters to buzz that Du Pont was about to pull out of G.M. Both G.M. and Du Pont denied it. As proof there was nothing to the report, they pointed to the four Du Pont men still on the board.
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