General Motors have issued a statement on Thursday, which claimed its Chief Financial Officer; Christopher P. Liddell was leaving the company after just four months of executing the largest initial public offering in the history of America.

This announcement is only the latest in the recent events of management shuffles in G. M. the board and the top executives are virtually new after the company’s bankruptcy in the year 2009.

“When I came to G. M., my primary goal was to help get the company back on its feet. I’m incredibly proud of what we were able to achieve in a relatively short period of time”, Mr. Liddell told reporters on a conference call.

He also claimed that he has achieved a lot as a CFO and it is time for him to move on in life.

Market strategist at the ConvergEx Group, Nicholas Colas said that he expects the new CFO to continue the same as Mr. Liddell, and focus on eliminating debt.

Mr. Colas had previously worked closely with the new CFO, Mr. Ammann at the investment bank Credit Suisse First Boston in the late 1990s. He claimed that Mr. Amman is very hard-working and have a great knowledge about the background of the automotive industry.