officer. After 32 years at GM, Wagoner retired with an exit package of over $10 million: $1.65 million in benefits per year for his first five years of retirement, $74,030 per year pension for the rest of his life, and a $2.6 million life insurance policy that can be cashed out at any time. In 2017, Wagoner was appointed a director at ChargePoint Inc., a Silicon Valley company that makes electric-vehicle charging stations. in 2018, Wagoner made an investment into YourMechanic, a Silicon Valley startup which connects owners with a group of certified mechanics, currently offering more than 800 repair services. See also Automotive industry crisis of 2008–2009 General Motors Chapter 11 reorganization References External links Rick Wagoner's biography Rick Wagoner's speaks on GM's India strategy Rick Wagoner speaks about electric cars at GM in 2008 1953 births American chief executives in the automobile industry Duke University Trinity College of Arts and Sciences alumni Living people People from Wilmington, Delaware Businesspeople from Richmond, Virginia Harvard Business School alumni People in the automobile industry General Motors former executives American chief operating officers