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Bob Lutz may retire again, confirms Converj Cancelled


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GENEVA, March 2 (Reuters) - General Motors Co [GM.UL] Vice Chairman Bob Lutz said on Tuesday that he is giving retirement "active consideration" and sees the automaker headed in the right direction.

Lutz, 78, is serving as a senior adviser to Chairman and Chief Executive Ed Whitacre at GM after putting off an earlier retirement plan to lead the automaker's marketing after it emerged from bankruptcy in July 2009.

"The reason I am giving it active consideration this time is because I honestly feel I can look back with satisfaction and say the team I was privileged to lead in product development has actually achieved more than what I would have hoped for," Lutz said in an interview on the sidelines of the Geneva Motor Show.

Read More: http://www.reuters.com/article/idUSN0220396820100302

Bruce

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