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DURANT SUCCEEDS NASH.


Topics:  William C. Durant, General Motors

DURANT SUCCEEDS NASH.

The New York Times
June 2, 1916


Head of Chevrolet Co. Elected President of General Motors.

Directors of the General Motors Company, meeting at the Guaranty Trust Company yesterday, accepted the resignation from the Presidency of Charles W. Nash. W. C. Durant, President of the Chevrolet Motor Company, who was deposed from the management of General Motors in 1910 when the company's affairs were administered under the direction of a committee of bankers, was elected President. Mr. Nash will remain on the Board of Directors.

At the same time announcement was made of the resignation from the board of Albert Strauss of J. & W. Seligman & Co. W. C. Leland, Vice President and General Manager of the Cadillac Motor Company, was elected to the board to succeed him.

Up to the end of May the General Motors Company had produced 105,268 cars and 5,000 trucks. For the twelve months ending with July it is expected that the total will be brought up to 125,000 cars. Between 12,000 and 13,000 cars are now being delivered each month.

Henry B. Joy, President of the Packard Motor Car Company, has relinquished that position to become Chairman of the board. His successor as President is Alvin Macaulay, Vice President and General Manager.




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