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 Nov 20077:00 amRNSDoc re. 8-K
25th Oct 20077:00 amRNSAppointment of VP
18th Oct 20076:40 pmRNSShares In Issue
18th Oct 20076:26 pmRNSDirectorate Change
11th Oct 20075:34 pmRNSAppointment of Group VP
3rd Oct 20077:00 amRNSDoc re. 8-K
20th Sep 20073:54 pmRNSLeadership Changes Made
7th Sep 20073:00 pmRNSDoc re. 8-K
8th Aug 20077:00 amRNSDoc re. 10-Q
2nd Aug 20074:46 pmRNSDoc re. 8-K
2nd Aug 20077:00 amRNSResults of Conversion Offer
31st Jul 20074:41 pmRNSDoc re. 8-K
26th Jul 20073:46 pmRNSDoc re. 8-K
26th Jul 20072:57 pmRNSInterim Results
17th Jul 20077:00 amRNSDoc re. 8-K
12th Jul 20077:00 amRNSDirectorate Change
9th Jul 20077:00 amRNSDoc re. 8-K
3rd Jul 20071:08 pmRNSDoc re. 8-K
3rd Jul 20077:01 amRNSConversion Offfer Commenced
4th Jun 20077:00 amRNSDoc re. 8-K
10th May 20077:00 amRNSDoc re. 10-Q
2nd May 20077:00 amRNSDoc re. 8-K
30th Apr 20073:33 pmRNSSales Proposal
27th Apr 20077:00 amRNSDoc re. 8-K
26th Apr 20071:23 pmRNS1st Quarter Results
23rd Apr 20076:32 pmRNSSeniorVicePresident Appointed
18th Apr 20073:52 pmRNSMOU Signed
10th Apr 20074:57 pmRNSShares in Issue
4th Apr 20077:00 amRNSDoc re. 8-K
30th Mar 20075:29 pmRNSManagement Change
29th Mar 20077:00 amRNSDirectorate Change
12th Mar 20072:09 pmRNSRe Agreement
2nd Mar 20071:48 pmRNSDisposal
2nd Mar 20077:30 amRNSDoc re. 8-K
1st Mar 20076:08 pmRNSDoc re. 10-K
1st Mar 20077:00 amRNSDoc re. 8-K/A
12th Feb 20077:00 amRNSDoc re. 8-K
2nd Feb 20077:00 amRNSDoc re. 8-K
9th Jan 20074:27 pmRNSShares in Issue
4th Jan 20077:00 amRNSDoc re. 8-K
20th Dec 20062:55 pmRNSNotice of AGM
20th Dec 20062:51 pmRNSResult of Meeting
20th Dec 20067:00 amRNSDoc re. 8-K
15th Dec 20067:58 amRNSStmt re Corporate Realignment
8th Dec 20067:00 amRNSDirectorate Change
7th Dec 20067:00 amRNSSnr Convertible Notes Prices
7th Dec 20067:00 amRNSDoc re. 8-K
6th Dec 20067:00 amRNSDoc re. 8-K
5th Dec 20062:29 pmRNSDoc re. 8-K
5th Dec 20067:00 amRNSSnr Convertible Note Offering

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.