Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFDM Group Regulatory News (FDM)

Share Price Information for FDM Group (FDM)

Share Price is delayed by 15 minutes
Get Live Data
100.20    -5.60 (-5.29%)
Bid:
101.40
Ask:
105.60
Spread: 4.20 (4.142%)
Market Cap: £109.56m
FDM Live PriceLast checked at - London Stock Exchange

Intraday FDM Group Share Chart

Senior Management Changes

20 Nov 2008 14:38

RNS Number : 5924I
Ford Motor Co
20 November 2008
 



FORD ANNOUNCES SENIOR MANAGEMENT CHANGES TOSTRENGTHEN GLOBAL MANUFACTURING OPERATIONS

DEARBORN, Mich., Nov. 20,2008 - Ford Motor Company today announced senior management changes in Europe and North America designed to strengthen its Global Manufacturing operations and achieve better alignment with Ford's other global functions.

Effective Dec. 1, James Tetreault, 52, vice president, Manufacturing, Ford of Europe, will return to the United States and become vice president, North America Manufacturing. As part of his role in leading Ford's North America Manufacturing operations, Tetreault will drive Ford's continued efforts to improve manufacturing flexibility and efficiency in North America as the company retools several truck factories to launch a host of smaller, more fuel efficient vehicles.

Tetreault will be replaced by Ken Macfarlane, 58, as vice president, Manufacturing, Ford of Europe. Macfarlane, currently director, Manufacturing Operations, North American Truck, becomes a Ford Motor Company vice president with this new assignment. Macfarlane will continue to build upon Ford's progress to implement lean, flexible and efficient manufacturing practices in Europe.

Tetreault and Macfarlane will report to Joe Hinrichs, Ford group vice president, Global Manufacturing and Labor Affairs. Macfarlane also will report to John Fleming, Ford Motor Company executive vice president and chairman and CEO, Ford of Europe,

The organizational changes will allow Hinrichs to focus on driving common best practices across Ford's Global Manufacturing operations and achieve full alignment with Ford's Global Product Development and Global Purchasing operations. Hinrichs will continue to oversee Global Labor Affairs and Automotive Components Holdings, LLC.

"These leadership changes represent an important step toward putting our Global Manufacturing operations fully in place and achieving industry leading flexibility and common global lean manufacturing practices," said Hinrichs. "Jim is a highly respected executive with a wealth of experience in quality and manufacturing at Ford. Knowing that our North America business is in such capable hands will allow me to focus on my broader global responsibilities."

Before taking his current assignment in Ford of Europe in 2005, Tetreault held several Ford Manufacturing and Quality leadership positions in North America. He joined Ford in 1988.

"Ken is the ideal person to replace Jim and build on the progress we have achieved in Europe," Hinrichs said. "His more than 35 years experience in Ford's operations and his successful track record will be invaluable in his new role."

Macfarlane joined Ford in 1973 and has held a series of Manufacturing, Quality and Engineering leadership positions in North America.

"Jim did a terrific job for us in Europe during the past three years and while we are sorry to see him go back to the states, we wish him all the best in this new assignment, which is critically important to the global Ford team," Fleming said. "Ken comes to Europe with top-notch credentials and a strong reputation as a manufacturing expert, and we look forward to the perspective and value that we know he will bring to the table."

###

Ford Motor Company, a global automotive industry leader based in Dearborn, Mick, manufactures or distributes automobiles across six continents. With about 224,000 employees and about 90 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCFEAFDSSASELF
Date   Source Headline
2nd Jul 20097:00 amRNSDoc re. 8-K
30th Jun 20097:00 amRNSDoc re. 8-K
3rd Jun 20097:00 amRNSDoc re. 8-K
21st May 20093:59 pmRNSDoc re. 8-K/A
14th May 20092:17 pmRNSDoc re. 8-K
13th May 20099:05 amRNSPublic Offering
12th May 20097:00 amRNSDoc re. 8-K
12th May 20097:00 amRNSPublic Offering
11th May 20097:00 amRNSDoc re. 10-Q
5th May 20097:00 amRNSDoc re. 8-K
24th Apr 20094:24 pmRNSDoc re. 8-K
24th Apr 20092:21 pmRNS1st Quarter Results
9th Apr 20097:00 amRNSDoc re. 8-K
7th Apr 20093:30 pmRNSDoc re. 8-K
6th Apr 20094:15 pmRNSFord Completes Debt Restructuring Initiatives
6th Apr 20093:31 pmRNSResult of Tender Offer
2nd Apr 20097:00 amRNSDoc re. 8-K
30th Mar 20093:45 pmRNSDirectorate Change
26th Mar 20091:52 pmRNSDoc re. 8-K
25th Mar 20091:41 pmRNSDirectorate Change
25th Mar 20097:00 amRNSPreliminary Notice of 2009 Annual Meeting
24th Mar 20091:15 pmRNSDoc re. 8-K
23rd Mar 20092:16 pmRNSDoc re. 8-K
23rd Mar 20091:57 pmRNSTender Offers Update
6th Mar 20097:00 amRNSDoc re. 8-K
5th Mar 20097:00 amRNSLaunch of Cash Tender Offers
5th Mar 20097:00 amRNSLaunch of Debt Restructuring Initiatives
9th Feb 20097:00 amRNSDevelopment Partnership with Ford Motor Co
4th Feb 20093:05 pmRNSDoc re. 8-K
29th Jan 20094:06 pmRNSDoc re. 8-K
29th Jan 20091:24 pmRNS4th Quarter Results
6th Jan 20097:00 amRNSDoc re. 8-K
3rd Dec 20087:00 amRNSDoc re. 8-K
2nd Dec 20083:42 pmRNSBusiness Plan Submitted To Congress
1st Dec 20083:37 pmRNSPossible Disposal
20th Nov 20082:38 pmRNSSenior Management Changes
19th Nov 20087:00 amRNSDoc re. 8-K
18th Nov 20083:04 pmRNSDisposal
11th Nov 20087:00 amRNSDoc re. 10-Q
7th Nov 20086:27 pmRNS3rd Quarter Results
7th Nov 20084:24 pmRNSDoc re. 8-K
6th Nov 20085:30 pmRNSShares in Issue
4th Nov 20087:00 amRNSDoc re. 8-K
29th Oct 20086:32 pmRNSDirectorate Change
20th Oct 20087:00 amRNSDoc re. 8-K
17th Oct 20084:31 pmRNSDoc re. 8-K
10th Oct 20085:50 pmRNSStatement re Chief Financial Officer
3rd Oct 20083:37 pmRNSDoc re. 8-K
18th Sep 20087:00 amRNSDoc re. 8-K
4th Sep 20087:00 amRNSDoc re. (8-K)

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.