Business
South America Operation
South America Operation.
About this update from Fdm Group (holdings) Plc
[{"type":"text","content":"\n Ford Motor Co\n13 April 2006\n\n\nNEWS\n\nContact: Rogelio Golfarb Said Deep\n 55-11-41749528 313-658-0104\n [email protected] [email protected]\n\n\nIMMEDIATE RELEASE\n\nFORD REALIGNS SOUTH AMERICA OPERATION\n\n• Dominic DiMarco is appointed executive director, Canada and South America\n• Barry Engle is appointed president, Ford Mercosul and President Ford Brazil\n• Antonio Maciel Neto resigns as president, Ford South America, effective \n May 3, to join Suzano Papel e Celulose as CEO\n\n\nSAO BERNARDO DO CAMPO, Brazil, April 13, 2006 - Ford Motor Company announced\ntoday a realignment of the Canada and South America organizations, and has named\nDominic DiMarco executive director, Canada and South America. Concurrent with\nthis change, Barry Engle becomes president, Ford Mercosul and Ford Brazil. He\nwill report to DiMarco. The changes are effective immediately. \n\nLouise Goeser remains president, Ford of Mexico, and like DiMarco will continue\nto report to Mark Fields, executive vice president and president, The Americas.\nWilliam Osborne remains president, Ford of Canada and will report to DiMarco.\n\nAntonio Maciel Neto resigns his position as president of Ford South America to\njoin Suzano Papell e Celulose as its new CEO. His resignation will be effective\nMay 3. Maciel will remain to ensure a smooth transition during the realignment\nof the region. \n\n'I came to Ford to be part of the most important automotive turnaround in Brazil\nhistory and we've accomplished that,' Maciel said. 'We have a great team in\nplace at Ford to continue the success we started. I am now ready to take on a\nnew challenge.' \n\nIn his new role, DiMarco will oversee diverse business operations in South\nAmerica including product development, more than 500 dealerships, multiple car\nand light truck manufacturing plants, and the only wholly owned commercial truck\noperation in Ford Motor Company. He assumes leadership of South America to focus\non the strategic planning for the region, including developing plans to further\nincrease market share and profitability. In addition, he will oversee operations\nin the Andina region.\n\nFrom 1999 to 2005, Ford South America has accomplished one of the most\nsuccessful business turnarounds in the region. For the past nine quarters, Ford\nhas been the most profitable automotive company in South Amer...