Ford Hires Strategic Advisor

3 Aug 2006 07:00

Ford Motor Co02 August 2006 Contact: Tom Hoyt (313)322-1524 thoyt@ford.com FORD HIRES STRATEGIC ADVISOR, KENNETH LEET DEARBORN, Mich., Aug, 2, 2006 -- Ford Motor Company announcedtoday that it has hired Kenneth H.M. Leet as a strategic advisor to Bill Ford,the company's chairman and chief executive officer. Mr. Leet is an 18-year veteran of Goldman Sachs, serving the firm in its Londonand New York offices, where he was a partner and was responsible for itsinvestment banking activities with industrial companies, including Ford Motor.Mr. Leet has also led European banking operations for Bank of America. In hisnew role as an advisor, Mr. Leet will report directly to Bill Ford and workclosely with senior management in exploring a broad range of strategicalternatives for the company. Ford Motor Company, a global automotive industry leader based in Dearborn,Mich., manufactures and distributes automobiles in 200 markets across sixcontinents. With about 300,000 employees and more than 100 plants worldwide, thecompany's core and affiliated automotive brands include Aston Martin, Ford,Jaguar, Land Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive- relatedservices include Ford Motor Credit Company. 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