Robert Lutz, the charismatic and at intervals controversial Vice Chairman of General Motors, has reportedly reversed his decision to retire later this year. The announcement is expected to come as a part of GM’s hour-long press conference scheduled for Friday first blush of the morning, during that the company will also announce its emergence from bankruptcy.
Lutz, 77, might take on a new position at the automaker, according to the Wall Street Journal. He is often credited with GM’s recent ‘product renaissance,’ but his just discovered role might focus on his other forte — marketing. Lutz could be appointed to director of communications, sources say.
Lutz was previously set to retire by the end of 2009. His departure was announced in February, a time when GM’s fate was desultory at best. Despite the congregation’s woes, the announcement was surprising given Lutz’ previous statements.
In December — three months before the retirement announcement — Lutz expressed a craving to continue working. In an interview with CNN he stated: “I have a mind be 77 years elderly. I really don’t need to work. I enjoy operating. I feel a sense of mission. And if I felt this was hopeless, believe me I would be walking. I’d be session in more vacation home some place.”
Apparently, the former Marine’sitting ’thinking principle of mission’ got the best of him, resulting in his resolution to stay on board with the company.
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Source: www.leftlanenews.com
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