Lutz joins NanoSteel board, latest in long list of posts
Life has hardly slowed for Bob Lutz, the 80-year-old retired vice chairman of General Motors. Last week, Lutz joined the board of NanoSteel, a steel materials design company in which GM has invested.
It is the latest in a string of board or advisory attachments Lutz has formed in the past two years.
Privately held NanoSteel has created a technology for making a new class of high-strength steel that it hopes to license to steel makers for use in the auto industry. In August, GM's venture capital arm invested an undisclosed amount in Nano-Steel as a way to tap into the company's new steel alloy technology.
In May, Lutz joined the board of EnerG2, which makes components for energy storage systems.
A year ago, he joined the board of Via Motors, an Orem, Utah, startup that has developed a plug-in hybrid powertrain for pickups and other light trucks, initially for sales to fleet customers.
Lutz is chairman of the advisory council of Current Motor Co., a Michigan startup that has developed an electric motor scooter. And he continues to be an adviser to GM.
-- Reuters, Automotive News