Ford Strengthens Leadership in Key Functions

Ford Motor Company F today announced key executive appointments to further sharpen its senior leadership team's focus on the "One Ford" plan and to support the company's growth around the world. The changes affect Ford's Global Manufacturing & Labor Affairs, Ford of Europe, Global Marketing, Sales and Service, and Latin American operations. The moves include: John Fleming, 58, Ford executive vice president currently serving dual roles as Chairman and CEO of Ford of Europe and head of Global Manufacturing and Labor affairs, will lead the company's Global Manufacturing & Labor Affairs operations. Stephen Odell, 55, currently CEO of Volvo Cars, is appointed a Ford group vice president and succeeds Fleming as chairman and CEO of Ford of Europe. Stuart Rowley, 43, chief financial officer of Volvo, becomes chief financial officer, Ford of Europe. All three appointments will be effective upon the closing of Ford's sale of Volvo to Zhejiang Geely Holding Group Limited, expected to occur later this quarter.