Ford Says Mulally to Remain as President and CEO through at Least 2014; Chief
Operating Officer and Senior Leaders named for Americas, Europe, Asia Pacific
and Lincoln brand
DEARBORN, Mich., Nov. 1, 2012
DEARBORN, Mich., Nov. 1, 2012 /PRNewswire/ --Ford Motor Company (NYSE: F)is
further strengthening and developing its leadership team while continuing to
deliver the One Ford plan for profitable growth.
Ford Executive Chairman Bill Ford today said that Alan Mulally plans to
continue to serve as Ford president and CEO through at least 2014. At the same
time, Mark Fields is named the company's new chief operating officer,
effective Dec. 1.
Mulally will continue leading the long-term strategic development of the One
Ford plan and its continuous improvement. Fields will be responsible for all
Fields will continue to report to Mulally, as will the company's chief
financial officer, general counsel and group vice president of Human Resources
and Corporate Services.
Ford's automotive business units – The Americas (including both North America
and South America); Europe, Middle East and Africa; and Asia Pacific – will
report to Fields. Also reporting to Fields will be most of the company's
functional skill teams, including Product Development; Manufacturing and Labor
Affairs; Purchasing; Quality; Sustainability, Environment and Safety
Engineering; Information Technology; Government and Community Relations;
Marketing, Sales and Service; and Communications.
The company also made several other concurrent leadership announcements, also
effective Dec. 1, including:
oJoe Hinrichs is named executive vice president and president of The
Americas; Hinrichs is currently group vice president and president of Asia
oStephen Odell is named executive vice president and president of Europe,
Middle East and Africa; Odell is currently group vice president, chairman
and CEO, Ford of Europe; Africa is being realigned with Europe and the
Middle East under Odell to take advantage of profitable growth
opportunities and efficiencies
oJim Farley is named executive vice president of Global Marketing, Sales
and Service and Lincoln; Farley, who is currently a group vice president,
adds operating responsibility as the senior global leader for Lincoln,
working together with the company's business units and functions on the
re-invention of Lincoln as a world-class, global luxury brand
oDavid Schoch is named group vice president and president of Asia Pacific;
Schoch is currently chairman and CEO, Ford of China
oJohn Lawler is elected a Ford Motor Company vice president and named
chairman and CEO of Ford Motor China; Lawler is currently CFO, Ford Asia
"Today marks an important next step in the profitable growth of the Ford Motor
Company and the appointment of key leaders who will help us continue to make
progress on our One Ford plan," Bill Ford said. "The strength of our people
and stability of our team are competitive advantages for Ford. We are
fortunate to have Alan's continued leadership as well as talented senior
leaders throughout our company who are developing and working together and
delivering on our plan."
For the past seven years as executive vice president and president of The
Americas, Fields has been responsible for the transformation of the company's
North American operations and its record profitability. In the role, he has
led the development, manufacturing, marketing and sales of Ford and Lincoln
vehicles in the United States, Canada, Mexico and South America.
Hinrichs has led Ford's Asia Pacific growth plan for the past three years,
overseeing the current construction of nine new plants and spearheading a
commitment to bring more than 50 new vehicles and powertrains to the region by
mid-decade. He now will apply his extensive business and automotive experience
to Ford's Americas operations, focusing on continuing the momentum in North
America and building a stronger business in South America.
Odell is leading Ford's transformation in Europe, with a focus on using the
One Ford plan to achieve profitable growth through an unprecedented focus on
new products, a strong brand and increased cost efficiency. Having previously
led the transformation of Mazda and Volvo, Odell will lead the company's focus
on growth in Africa and the Middle East.
Farley will continue to lead Ford's global Marketing, Sales and Service to
world-class levels, focusing on new customers and revenue growth. His new
global responsibility for the Lincoln brand will build on his experience
growing Toyota's Lexus brandaround the world.
Schoch has been leading Ford's growth in China, where it has invested more
than $4.9 billion to introduce 15 new vehicles by 2015 and double production
capacity. With extensive operational experience in North America, South
America, Europe and Asia, Schoch now will lead the company's growth plan for
the entire region, having worked alongside Hinrichs for the past year.
Lawler assumes leadership of Ford Motor China, having served as CFO for Asia
Pacific Africa, working alongside Hinrichs and Schoch to develop and implement
the company's aggressive growth plan in the region. Building on his
considerable global operational experience – including being part of the team
that led Ford's North American transformation – Lawler now will focus on the
world's largest automotive market and the dramatic expansion of Ford's
presence in China.
"In addition to fundamentally transforming our company during the last several
years, we have strengthened our team with world-class leaders who will enable
us to sustain our One Ford journey," Mulally said. "All of us at Ford remain
absolutely committed to continuing to make progress on our One Ford plan,
including dealing decisively with near-term challenges, investing for future
growth and developing outstanding products with leading quality, fuel
efficiency, safety, smart design and value."
Biographical information about each of the leaders is as follows:
Prior to being named Ford executive vice president and president of Ford of
The Americas in October 2005, Fields, 51, served as executive vice president,
Ford of Europe and Premier Automotive Group (PAG). There, he led all
activities for Ford's premium vehicle business group, and for Ford-brand
vehicles manufactured and sold in European countries.Prior to that, Fields
was chairman and CEO of PAG.
Fields joined Ford in July 1989.From 2000 to 2002, he was president and CEO
of Mazda Motor Company, leading the company through a period of significant
transformation. He previously held a number of positions in both North America
and South America, including managing director of Ford Argentina.
Hinrichs, 45, has headed Ford's Asia Pacific Africa region since December
Prior to this role, Hinrichs served as group vice president, Global
Manufacturing and Labor Affairs, responsible for the operations Ford assembly,
stamping and powertrain plants worldwide and overseeing the company's global
engineering support for stamping, vehicle and powertrain manufacturing.
Hinrichs also was vice president, North America Manufacturing, vice president
of Vehicle Operations and president and CEO of Ford Motor Company of Canada.
Prior to joining Ford in 2000, he was a partner and senior vice president of
Ryan Enterprises Group, a manufacturing investment group in Chicago. Hinrichs
also spent 10 years at General Motors in various positions in engineering and
manufacturing, including plant manager.
Odell, 57, was appointed Ford group vice president, chairman and CEO of Ford
of Europe in August 2010.
Prior to this, Odell was president and CEO of Volvo Car Corporation; chief
operating officer, Ford of Europe; vice president of Marketing, Sales and
Service, Ford of Europe; director and senior managing executive officer in
charge of Marketing, Sales and Customer Services at Mazda; and vice president,
Marketing and Sales, Jaguar North America.
Odell joined Ford Motor Company in 1980 as a graduate trainee for Ford of
Farley, 50, became Ford's first global leader for Marketing, Sales and Service
in August 2010. He joined Ford in November 2007.
Farley has led Ford's drive to connect closely with customers through
integrated global marketing, advertising, digital, brand development and
Prior to joining Ford, Farley was group vice president and general manager of
Lexus, responsible for sales, marketing and customer satisfaction activities
for Toyota's Lexus luxury brand.
Before leading Lexus, Farley served as group vice president of Toyota Division
marketing and was responsible for all Toyota Division market planning,
advertising, merchandising, sales promotion, incentives and Internet
activities. He also was general manager of product management for Toyota
Schoch, 61, has held senior leadership positions on four continents, most
recently as chairman and CEO of Ford Motor China, a position to which he was
named in November 2011.
Schoch's extensive global experience includes senior leadership roles in North
America, South America, South Africa and Asia Pacific. This includes serving
as controller, The Americas, as well as executive director, Ford Canada,
Mexico and South America Operations.
He also served as chief financial officer and vice president of Strategic
Planning for Ford of Europe. Before that, Schoch was chief financial officer
of Ford Asia Pacific Operations.
He joined the company as a financial analyst in 1977.
Lawler, 46, became the chief financial officer, Ford Asia Pacific and Africa,
in June 2010.
Lawler has a wealth of experience in business strategy, particularly related
to market analysis, pricing strategy and product programs. He was a member of
the team that led the company's North American transformation, serving as
controller of U.S. Marketing and Sales from January 2007 until moving to China
in 2010. In the U.S. position, he was responsible for key business strategies
including pricing and business planning, and was a key leader in the company's
efforts to reduce complexity and overhaul dealer policies.
Prior to that assignment, Lawler served in a variety of roles in North
America, Europe and Asia. His assignments included serving as a controller in
Ford of Europe's Product Development organization and as a finance leader with
Mazda Motor Corporation in Japan.
He joined Ford as a financial analyst in 1990.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn,
Mich., manufactures or distributes automobiles across six continents. With
about 172,000 employees and 65 plants worldwide, the company's automotive
brands include Ford and Lincoln. The company provides financial services
through Ford Motor Credit Company. For more information regarding the company
and Ford products, please visit www.corporate.ford.com.
SOURCE Ford Motor Company
Contact: Jay Cooney, +1-313-323-0593, email@example.com
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