Bob Lutz, General Motors' Vice Chairman of Global Product Development, will transition to a new role effective April 1st as Vice Chairman and Senior Advisor. The 76 year old Lutz will provide strategic input into GM's global design and key product initiatives until his retirement at the end of 2009. He will continue to report to GM Chairman and CEO Rick Wagoner.
"Bob Lutz was already a legendary automotive product guy when he rejoined GM in 2001," Wagoner said, "and he's added to that by leading the creation of a string of award-winning vehicles for GM during his time here. His 46 years of experience in the global automotive business have been invaluable to us. I've personally learned a great deal from Bob and have very much enjoyed the time we've worked together," Wagoner added. "I'm looking forward to Bob's continued contributions to GM for the remainder of 2009 - and I know the impact of his efforts leading GM global product development will continue for years to come.
Wagoner also announced that effective April 1, that the GM Board of Directors elected Tom Stephens, Vice Chairman - Global Product Development, reporting to President and Chief Operating Officer Fritz Henderson. Stephens, 60, and a 40 year GM veteran, is currently Executive Vice President, Global Powertrain and Global Quality. In this new assignment, Stephens will maintain his responsibility for overseeing GM's global quality activity.
GM is restructuring its global powertrain group to integrate powertrain functional activities into their respective global GM functions. Stephens will now have responsibility for global powertrain engineering, in addition to global design, product engineering, product planning and program management. Powertrain manufacturing will report to Gary Cowger, Group Vice President of GM Global Manufacturing and Labor Relations.
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