Retirement
During May 1970, Evans sold half of his holdings in AMC (100,000 shares). Evans sold 44,000 of his AMC shares in 1971 while continuing to serve as a director and member of the finance committee.
In 1971, Evans purchased the Muskegon Bank and Trust Company in Muskegon, Michigan from the so-called "Parsons Group".
He died at his residence in Grosse Pointe Shores, Michigan. He was survived by his two children, Jane Evans Jones and Robert B. Evans, Jr.
Read more about this topic: Robert B. Evans
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