GM CFO steps down after pulling off IPO

DETROIT: General Motors Co. says Chief Financial Officer Chris Liddell will step down as of April 1.

The company says Liddell, the former Microsoft CFO with a reputation as a problem solver, will be replaced by Treasurer Dan Ammann.

Spokeswoman Noreen Pratscher said Thursday that Liddell accomplished his goals of finishing an initial public stock offering and returning the company to sound financial footing. She says Liddell did not say anything about his plans for the future.

The 52-year-old Liddell joined GM in January.