Ford Motor Co
19 April 2002
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jvella1@ford.com
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DR. WOLFGANG REITZLE ASSUMES
CONSULTING ROLE
DEARBORN, Mich., April 19 - Dr. Wolfgang Reitzle, Ford Motor Company group vice
president, Premier Automotive Group, announced today he has accepted a position
with Linde AG, a leading German engineering company, as its future chief
executive officer. Reitzle will continue to assist Ford Motor Company as a
consultant on product, design and marketing-related issues. The move is
effective May 1.
'We are committed to the Premier Automotive Group strategy,' said Bill Ford,
chairman and chief executive officer. 'These brands are strong and that strength
stems from exceptional products and talented people, a combination that will
deliver outstanding results going forward.
'I want to thank Wolfgang Reitzle for his contributions to the development of
our luxury brand strategy,' said Bill Ford.
'Being a CEO at Linde AG is a great opportunity for me and one I felt I could
not pass up at this point in my career,' said Reitzle. 'Ford is heading in the
right direction with their premium brand strategy and I plan to assist them in
my new role in any way I can.'
Reitzle joined Ford in 1999 after 23 years with BMW AG. Under his tenure at
Ford, the company consolidated its luxury brands into the Premier Automotive
Group and acquired Land Rover. At BMW, he served as a member of the Board of
Management with responsibility for research and development and sales and
marketing.
Reitzle's successor is the subject of a separate announcement.
This information is provided by RNS
The company news service from the London Stock Exchange
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