Executive Appointments
Ford Motor Co
08 September 2005
Contact: Oscar Suris Simon Warr
(313) 594-1106 +44 207 025 6241
osuris@ford.com swarr4@ford.com
FORD ANNOUNCES LEADERSHIP APPOINTMENTS TO IMPROVE NORTH AMERICA AUTOMOTIVE AND
GROW INTERNATIONAL OPERATIONS
Executive changes announced today include:
• Mark Fields named executive vice president, Ford Motor Company, and president,
The Americas.
• Mark Schulz becomes executive vice president, Ford Motor Company, and
president, International Operations.
• Greg Smith elected vice chairman, Ford Motor Company.
• Lewis Booth elected executive vice president, Ford of Europe and Premier
Automotive Group, and remains chairman, Ford of Europe.
• Hans-Olov Olsson elected senior vice president and chief marketing officer,
Ford Motor Company, and non-executive chairman, Volvo Cars.
DEARBORN, Mich., Sept. 8 - Ford Motor Company Chairman and Chief Executive
Officer Bill Ford announced a series of executive appointments aimed at
restoring profitability to North America automotive operations and continuing
the substantial progress made in Europe and Asia. The appointments, approved
Wednesday by the Board of Directors, are effective Oct. 1 unless otherwise
noted.
Mark Fields, executive vice president, Ford of Europe and Premier Automotive
Group, is named executive vice president, Ford Motor Company, and president, The
Americas. He will continue to report to Jim Padilla, president and chief
operating officer. Fields, 44, will lead the Company's largest business
operation, which is centered in North America and includes the Ford, Lincoln and
Mercury brands, South America, Mexico and Canada.
'Mark Fields is one of our most experienced, capable and proven leaders, with
high-level experience in all of our most critical automotive operations,' Bill
Ford said. 'He is known for his marketing expertise and his skills as a
motivator, as he proved in leading the recovery of Mazda and as seen in the
continuing progress in our Premier Automotive Group and Ford of Europe. His next
challenge is to lead The Americas automotive operations back to a sustained
level of profitability while producing the best cars and trucks in the
industry.'
Mark Schulz, executive vice president of Ford Motor Company responsible for
Asia-Pacific, Africa and Mazda, is named executive vice president, Ford Motor
Company, and president, International Operations, reporting to Padilla. Schulz,
53, will have responsibility for all regions and brands based outside The
Americas, including Asia, Europe, the Premier Automotive Group and Mazda.
'Mark's extensive international leadership experience makes him well-suited to
lead our efforts in Asia and Europe,' Bill Ford said. 'He has delivered
outstanding results in Asia-Pacific. I expect that Mark, working with Lewis
Booth, will accelerate the development of our strategy to play a bigger role in
the world's fastest growing markets.'
Greg Smith, who has been executive vice president for Ford Motor Company and
president of The Americas, was elected vice chairman of the Company, reporting
to Bill Ford. Smith, 54, will oversee central corporate staffs, including Human
Resources and Labor Affairs, Corporate Strategy, Information Technology, the
Chief of Staff office and the Dealer Policy Board.
'Greg is a seasoned veteran with leadership experience in operations and
finance,' Bill Ford said. 'His broad, balanced understanding of the enterprise
gives him the insights needed to direct our corporate staffs, guide our
corporate strategy and offer good counsel at the highest levels of the Company.'
Lewis Booth, group vice president for Ford Motor Company and chairman and CEO
for Ford of Europe, was elected executive vice president, Ford of Europe and
Premier Automotive Group. Booth, 56, will remain chairman, Ford of Europe and
will report to Schulz. 'Lewis delivered a billion dollar turnaround at Ford of
Europe last year and his continued role as Chairman of Ford of Europe will
ensure continuity of our recovery in Europe,' Bill Ford said.
Hans-Olov Olsson, 63, vice president, Ford Motor Company, and president of Volvo
Cars, was elected senior vice president and chief marketing officer for Ford
Motor Company, reporting to Bill Ford. Olsson, who also assumes the role of
non-executive chairman, Volvo Cars, will be responsible for crafting a corporate
marketing strategy that supports all of the Company's brands.
'Hans-Olov's work at Volvo demonstrates great insight about brand strength and
connecting with customers,' said Bill Ford. 'We'd like to leverage that wisdom
across the company. At the same time, we know it's important for him to stay
involved with Volvo, one our Company's greatest success stories.'
John Fleming, a Company vice president and president of Ford of Europe, was
elected group vice president, Ford Motor Company, and president and CEO, Ford of
Europe. Fleming, 54, will continue to report to Booth.
Other appointments approved by the Board are:
• James Tetreault, 49, who has been director of Car Manufacturing Operations in
North America, becomes vice president, Ford Motor Company and vice president
of Manufacturing, Ford of Europe reporting to Fleming.
• Robert Shanks, 52, a Company vice president who was the subject of an
earlier, announcement, becomes vice president and controller, The Americas,
reporting to Fields.
• Joseph Bakaj, 43, vice president for Product Development, Ford of Europe, is
also elected vice president, Ford Motor Company, reporting to Fleming
effective Aug 1. He replaces Derrick Kuzak, who earlier was named vice
president of engineering for North America.
Go to http://media.ford.com for news releases and high-resolution photographs.
This information is provided by RNS
The company news service from the London Stock Exchange