Philip Murtaughlabor - Former GM-chief joins SAIC
The rumor was already going around last year as GM's successful China chief Philip Murtaugh was leaving his job. But only now he officially joined his long-time Chinese partner SAIC, writes Forbes. I guess he had a contract that did not allow to join the competition for a year and - unlike a longstanding tradition in China to ignore that - he obvious decided to honor that clause.
Still a trick step, since not many foreigners have been staying in that kind of position with a Chinese state-owned company very long. Only in March the Christopher Bachran lost his position at the Jingjiang Group. If it does work out between Murtaugh and SAIC that would be a breakthrough.
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