General Motors said on Thursday it was reorganizing its BrightDrop electric commercial vehicle unit to make it less independent and reduce costs, and that the unit's head, Travis Katz, would be leaving. GM said CEO Katz was leaving at an unspecified date, but did not elaborate on the reason for his departure. GM said BrightDrop, the unit it launched in early 2021, will no longer operate separately from the parent company.
“You changed the whole story, Mary, wherever wherever you are. There you are. You did, Mary.You electrified the entire automobile industry. I’m serious. You led — and it matters — in drastically improving the climate by reducing hundreds of millions of barrels of oil that will not be used when we’re all electric.”
And I quote:
“You changed the whole story, Mary, wherever wherever you are. There you are. You did, Mary. You electrified the entire automobile industry. I’m serious. You led — and it matters — in drastically improving the climate by reducing hundreds of millions of barrels of oil that will not be used when we’re all electric.”
What does that quoted statement have to do with the CEO stepping down and GM bringing BrightDrop in-house?