Controller, Accounting Chief Are Leaving GM
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From Bloomberg News
General Motors Corp., under federal scrutiny for its accounting practices, said two top financial officers would leave the world’s biggest automaker.
Chief Accounting Officer Peter Bible, 48, will resign June 1 after almost 10 years on the job. Controller Paul W. Schmidt, 61, will retire this year after a successor is found.
A spokeswoman said that Bible was leaving for personal reasons and that Schmidt’s retirement was planned “for some time.”