Around the Net
GM Closes Big Apple Finance Office
- Detroit Bureau, Thursday, May 23, 2013 9:10 AM
General Motors will close its New York Treasurers office and move the operation to Detroit by the middle of next year. GM has traditionally had its finance operating from its building in the southeast corner of Central Park. In fact, for many decades GM's chairman, starting with Alfred P. Sloan, was based in the Big Apple, rather than Detroit. Since the 1950s, New York is where high potential employees on the fast track went to win promotions to big jobs inside or even outside GM. No more.
