Stmt re Corporate Realignment
Ford Motor Co
14 December 2006
Contact: Marcey Evans
313.322.9211
mevans13@ford.com
FORD ANNOUNCES CORPORATE REALIGNMENT
• Additional Focus on Worldwide Markets and Customers
• Improves Leverage of Global Assets and Capabilities
DEARBORN, Mich., Dec. 14 - Ford Motor Company (NYSE: F) President and CEO Alan
Mulally today announced a realignment of the company's organization that puts
additional focus on its worldwide markets and customers while better leveraging
the company's global assets and capabilities.
Reporting directly to Mulally under the new structure are the company's three
automotive business unit leaders: Mark Fields, Ford of the Americas; Lewis
Booth, Ford of Europe and the Premier Automotive Group; and John Parker, Ford of
Asia Pacific and Africa, and Mazda.
In support of the business units, Derrick Kuzak will lead global product
development, and report to Mulally. He will also continue to be responsible for
product development for the Americas. J Mays continues to lead Ford design and
will support Kuzak.
Also now reporting to Mulally, and similarly focused on using the company's
global assets to better support its automotive business units, are: Tony Brown,
purchasing; Bennie Fowler, quality and advanced manufacturing engineering; Nick
Smither, information technology; and Richard Parry-Jones, chief technical
officer. Mulally's other direct reports remain unchanged.
'An integrated, global product development team supporting our automotive
business units will enable us to make the best use of our global assets and
capabilities and accelerate development of the new vehicles our customers
prefer, and do so more efficiently,' Mulally said. 'This new leadership will
enable us to work together more effectively as one Ford team to continuously
improve the quality, productivity and speed of our product development process.'
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures and distributes automobiles in 200 markets across six
continents. With about 300,000 employees and more than 100 plants worldwide, the
company's core and affiliated automotive brands include Aston Martin, Ford,
Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related
services include Ford Motor Credit Company. For more information regarding
Ford's products, please visit www.fordvehicles.com.
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