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16.11.2009 | 22:40
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BRIEF-GMAC names Michael Carpenter CEO

Nov 16 (Reuters) - GM:

* GMAC names Michael A. Carpenter chief executive officer; will lead next phase

of renewal

* GMAC says carpenter succeeds alvaro de molina

* GMAC says carpenter has resigned from the board of cit group in order to

devote his full attention to his new role at gmac

* GMAC says has requested that the treasury department postpone its decision on

the planned follow-on investment of TARP funds in GMAC

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