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Obama’s Auto Dream Team Grows, Auto Czar Still Unnamed

Posted in auto industry, Detroit, Legal, Newsworthy, Politics, Traffic by Suzanne Denbow | February 4th, 2009 | Leave a Reply |

On Tuesday, sources close to the selection process revealed that President Obama has tapped auto-industry analysts Stephen Girsky as another prime candidate to fill a seat in Obama’s auto restructuring cabinet. Girsky, who currently owns private equity firm Centerbridge Industrial Partners, has served as an official consultant to both General Motors and the UAW in the past, yet his intermediary qualifications fall just short of securing him the role of auto czar. According to the inside reports, Girsky will likely be tagged as the No.2 man for expected auto-czar appointee, Quadrangle Group partner and private-equity man, Steven Rattner.

Although the White House has yet to indicate when Obama’s auto team will formally take shape, many suspect the appointments will be announced prior to February 17 when both GM and Chrysler are required to appear before Congress and present their restructuring plans for future viability.

Source: Detroit News

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