FDM Group Regulatory News (FDM)

29 Mar 2007 07:00

Ford Motor Co28 March 2007 Contact: Tom Hoyt 313.322.1524 thoyt@ford.com IMMEDIATE RELEASE NEIL SCHLOSS NAMED VICE PRESIDENT AND TREASURER; ANN MARIE PETACH TO LEAVE FORD DEARBORN, Mich., March 28, 2007 - Ford Motor Company (NYSE: F) today announcedthat Neil Schloss has been named vice president and treasurer, effectiveimmediately. In his new role, Schloss will report to Don Leclair, executive vicepresident and chief financial officer. "Neil has played a critical role in securing the funding we need to implementour restructuring plan," Leclair said. "He's taking the reigns of the office ata key time and his background and experience in treasury will be vital to oursuccess going forward." In his previous assignment, Schloss was assistant treasurer for Ford, a positionhe's held since 2003. He joined Ford in 1982 as a senior financial analyst inthe controller's office in Ford Aerospace. He has worked in a number of treasuryoffice positions for Ford and Ford Motor Credit since 1991, including: director,Risk Management; director, Financial Strategy; manager, North American andEuropean Financing; manager, European Financing; and manager, Corporate andDomestic Financing. Ann Marie Petach, who formerly was treasurer, has elected to leave the company.She has accepted a position at BlackRock, an investment management firm. "Ann Marie has been a valuable asset to the company and to the Finance team,"said Leclair. "She's worked tirelessly as we developed plans and implementedactions related to our turnaround efforts. We wish her every success." Petach joined Ford in 1984 as a financial analyst in the Electronics Division.She held a number of finance positions within Ford and Ford Motor Credit,including: director, Global Banking, with responsibility for worldwide bankingrelationships for Ford Motor Company, Ford Credit, and Ford Credit Europe;treasurer of AutoEuropa, the joint venture between Ford and Volkswagen thatproduces minivans for Europe; and assistant treasurer of Autolatina, the formerjoint venture between Ford and Volkswagen in Brazil and Argentina. # # # 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