Former GM CEO Rick Wagoner to Receive $10 million Retirement Package

.fullpost { display: inline; } The bad news for former GM CEO Rick Wagoner is that the firm's bankruptcy proceedings and the formation of the New GM led to a cut of around 50 percent in his retirement package. The good news for Wagoner is that he is still entitled to a pension and benefit package valued over $10 million when he retires on August 1st, 2009, according to company documents