General Motors Corp.’s executive shake up last week, which included the resignation of GM North America President Ron Zarrella, likely won’t stop a rumor mill that’s been spinning at full speed since the spring. Zarrella was hired away from Bausch & Lomb Inc. in 1994 and has been hounded by consistent speculation over the last two years that he would leave GM and return to a non-automotive business. He quit GM to return to the Rochester, NY-based eye care company as chairman and chief ...

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