Ford Motor Company Makes Leadership Changes
-- John Parker is elected executive vice president of Ford Motor Company -
Asia Pacific and Africa.
-- Michael Bannister, chairman and chief executive officer of Ford Motor
Credit Company, is elected an executive vice president of Ford Motor
Company.
-- Francisco Codina, group vice president, North American Marketing, Sales
and Service, will retire after a 30-year career with Ford.
DEARBORN, Mich., Sept. 20 /PRNewswire/ -- Ford Motor Company President
and Chief Executive Officer Alan Mulally today announced changes to his
senior leadership team with the elevation of two key executives and the
retirement of another.
John Parker, 59, has been elected an executive vice president of Ford
Motor Company - Asia Pacific and Africa, one of the company's three core
regional business units. Parker has been leading the region as a group vice
president, based in Bangkok, Thailand. He will continue to have
responsibility for all of Ford's operations and partnerships within Asia
Pacific and Africa, including Mazda. He continues to report to Mulally.
"John is a tremendous leader delivering solid results in the world's
fastest growing and most dynamic region," Mulally said. "With John leading
the way, Ford is poised for fast growth in Asia, as we work together to
create the products that customers really want and value."
Mike Bannister, chairman and chief executive officer of Ford Motor
Credit Company, also has been elected an executive vice president of Ford
Motor Company. Bannister, 57, will continue to be responsible for all
operations of Ford Motor Credit worldwide, reporting to Don Leclair,
executive vice president and chief financial officer.
"Mike is an exceptional leader with tremendous business and financial
acumen. He is steering us to ever higher levels of excellence at Ford Motor
Credit, which remains strategically core to our company's future," Mulally
said. "Under Mike's continued leadership, Ford Motor Credit is performing
solidly through reduced costs, improved effectiveness and streamlined
global operations."
Francisco Codina, group vice president, North American Marketing Sales
and Service, has elected to retire after 30 years with Ford Motor Company.
His retirement is effective Nov. 1. Ford is beginning an immediate search
for his replacement.
"Cisco's passion and dedication to Ford will be missed," said Mark
Fields, executive vice president and president - The Americas. "Under
Cisco's leadership, we began to stabilize our retail market share, energize
our dealers, improve the resale value of our vehicles and speak with a more
confident tone in our marketing."
Codina joined Ford in 1977 and has served as vice president - Ford
Customer Service Division, as well as general marketing manager for Ford
Division, president of Ford of Argentina and a variety of sales and
marketing assignments throughout the U.S. He was appointed group vice
president, Marketing, Sales and Service in January 2006.
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 worldwide, the
company's core and affiliated automotive brands include Aston Martin, Ford,
Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its
automotive-related service includes 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.
SOURCE Ford Motor Company
RELATED LINKShttp://www.ford.com
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