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Ford Strengthens Leadership Team

DEARBORN/USA (ots)

- Allan Gilmour Appointed Vice Chairman and Chief Financial
     Officer
   - Martin Inglis Appointed Group Vice President of Business
     Strategy
   - David Thursfield Appointed Group Vice President of International
     Operations and Global Purchasing
Ford Motor Company announced today that Allan Gilmour, former vice
chairman of Ford Motor Company, will rejoin the automaker as vice
chairman and chief financial officer effective immediately. This move
is one of a series of management changes designed to strengthen the
financial and operational leadership of the company.
Martin Inglis, former group vice president and chief financial
officer, is appointed group vice president of Business Strategy,
effective immediately. Inglis has responsibility for business
strategy, mergers and acquisitions, and Hertz.
Also announced today, David Thursfield, currently Ford Motor
Company group vice president and chairman, president and chief
executive officer of Ford of Europe, becomes group vice president of
International Operations and Global Purchasing, effective Aug. 1. He
succeeds Carlos Mazzorin who becomes Senior Advisor to the Office of
the Chairman and Chief Executive (OCCE).
Thursfield continues his role as chairman and chief executive
officer, Ford of Europe. Ford of Europe, Global Purchasing, South
American Operations and Asia Pacific Operations now will report to
him.
Martin Leach is appointed president and chief operating officer,
Ford of Europe. Derrick Kuzak has been elected a Ford Motor Company
vice president and will succeed Leach as vice president of Product
Development, Ford of Europe. These appointments also are effective
Aug. 1.
"The management changes announced today strengthen our company in
several key areas by making the best use of the individual talent
available to us," said Bill Ford, chairman and chief executive
officer. "As demanding and complicated as our business is, you can
never have too much talent, especially when it is focused on a common
goal and is working together as our team is.
"Allan Gilmour brings a wealth of knowledge to our financial
analysis and reporting functions. He served us before during hard
times and has the critical knowledge needed to help us implement our
revitalization plan. This, in turn, frees up Martin Inglis, who
played a key role in developing the revitalization plan and our
highly successful convertible preferred securities offering, to help
the company look beyond the current business realities and plan for
the future."
"There is no business in the world more exciting and challenging
than the automotive business," said Gilmour. "And there is no company
that I would rather be a part of than Ford Motor Company. I look
forward to my new role and to helping Bill, Nick (Scheele) and Carl
(Reichardt) make the revitalization plan and the company a great
success."
"On the operations front, David Thursfield has proven his ability
to execute time and time again," said Bill Ford. "You only have to
look at the success of the European Turnaround Strategy to understand
the value he brings to this new role. And that success will continue.
Martin Leach and Derrick Kuzak will further the momentum in Europe
with David overseeing their efforts in his new role.
"Carlos Mazzorin has extensive experience in global operations and
purchasing. This role will allow us to tap into that invaluable
knowledge base to assist the OCCE with implementation of the Ford
Revitalization Plan."
Gilmour retired from the company in 1995 after serving as vice
chairman and as a member of the Office of the Chief Executive and the
company's Board of Directors. He also held positions as president of
the Ford Automotive Group, chief financial officer, controller, and
president of Ford Motor Credit Company during his 34-year career.
Currently, Gilmour owns a Ford and Chrysler dealership and serves as
a member of the Board of Directors of Prudential Financial, DTE
Energy, Whirlpool Corporation and Dow Chemical.
Inglis was named group vice president and chief financial officer
Aug. 1, 2001. Previously, he was vice president, Ford North America.
Inglis joined the company in 1971 as a graduate trainee and has held
many positions since, including director of Finance for Car Product
Development, director of International Automotive Business Strategy
and Latin American Automotive Operations, executive director of
Product Strategy Office for Product Development, and vice president
of Product and Business Strategy. Inglis holds a bachelors degree in
business economics from Strathclyde University in Glasgow, Scotland.
Thursfield was previously chairman, president and chief executive
officer of Ford of Europe, a position he assumed Aug. 1, 2001. He was
appointed a group vice president on Nov. 7, 2001. Prior to this, he
held positions as vice president, Vehicle Operations for both Ford
Automotive Operations in North America and Australia, and in Germany
for Ford's European and South American operations. Thursfield joined
Ford in 1979 as plant manager of the Broadmeadows Car Assembly Plant
in Australia. He has degrees in product engineering and industrial
psychology from Aston University in Birmingham, England and Brunel
University in London respectively.
Mazzorin was previously group vice president of Asia Pacific
Operations, South American Operations and Global Purchasing, a
position he assumed in November 2001. Prior to that, Mazzorin was
group vice president of South American Operations and Global
Purchasing. During his 30-year career, Mazzorin has held a variety of
positions in purchasing and procurement, including executive director
of Production Purchasing for North American Automotive Operations,
vice president of Production Purchasing and vice president of
Purchasing. Mazzorin joined the company in 1972 as a procurement
planning analyst. He has a bachelor of science and master of business
administration degree from the University of Buenos Aires.
Ansprechpartner bei redaktionellen Rückfragen:
Erik Walner, Telefon: 0160/5358637.

Original content of: Ford-Werke GmbH, transmitted by news aktuell

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