Ford Motor Co
18 October 2007
Contact: John Gardiner Mark Truby
44-20-7025 6334 313-323-0539
jgardin2@ford.com mtruby@ford.com
IMMEDIATE RELEASE
PARRY-JONES TO RETIRE FROM FORD MOTOR COMPANY
DEARBORN, Mich., Oct. 18 - Ford Motor Company (NYSE: F) today announced that
Richard Parry-Jones, group vice president and chief technical officer, has
elected to retire effective Dec. 31.
'In his more than 30 years at Ford Motor Company, Richard has made outstanding
contributions to the development of our new products' said Ford Motor Company
President and Chief Executive Officer Alan Mulally. 'Richard's feel for the
customer and technical expertise has helped improve all of our brands, and his
drive and determination have been a great inspiration to our engineers as we
have accelerated the development of our new products that people really want and
value.'
Parry-Jones' present responsibilities will be assumed by Derrick Kuzak, group
vice president, Global Product Development, and members of the global product
development leadership team. In particular, Gerhard Schmidt, 61, vice president,
Research & Advanced Engineering, will assume the role of chief technical officer
in addition to his present responsibilities.
Parry-Jones, 56, is known throughout the industry for his expertise in vehicle
development - particularly in the area of driving dynamics and refinement. He
also is highly regarded for his work on product safety and environmental
initiatives.
He was named 'Man of the Year' in 1994 by the top British publication Autocar,
and in 1997 by the U.S. magazine Automobile. In 2001, he received the Golden
Gear Award for outstanding automotive achievement from the Washington Automotive
Press Association. He is an elected fellow of The Royal Academy of Engineers and
the Institution of Mechanical Engineers. In 1995, he was awarded an honorary
doctorate by Loughborough University in the UK for Ins contributions to the
motor industry and engineering education and training. He also was awarded an
honorary Doctorate of Science from Cranfield University in June 2007.
Since 2001, Parry-Jones has been a visiting professor within the Department of
Aeronautical and Automotive Engineering at Loughborough University.
###
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles in 200 markets across six
continents. With about 260,000 employees and about 100 plants worldwide, the
company's core and affiliated automotive brands include Ford, Jaguar, Land
Rover, Lincoln, Mercury, Volvo and Mazda. The company provides financial
services through Ford Motor Credit Company. For more information regarding
Ford's products, please visit www.ford.com.
This information is provided by RNS
The company news service from the London Stock Exchange
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