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October 21, 2008

This Week:

• Driving Pleasure Without Emissions: The MINI E

• New Rolls-Royce Coupé Debuts In The Middle East

• New 2009 Toyota Venza Transforms Into Sportlux By Street Image For 2008 SEMA Show

• Daimler Trucks North America plans decisive response to changed economic environment

• Audi Mileage Marathon - Perfection in Efficiency

• Don Leclair To Retire From Ford Motor Company - Lewis Booth Transitions To Chief Financial Officer

• GM India Launches New Chevrolet Aveo U-VA

• Audi Presents The New Audi S4/S4 Avant

• Porsche restructures in strong growth region

• Taylor Named New Chief Executive Officer of HUMMER

 

 

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Don Leclair To Retire From Ford Motor Company - Lewis Booth Transitions To Chief Financial Officer Don Leclair Lewis Booth DEARBORN, Mich. – Ford Motor Company today announced that Chief Financial Officer Don Leclair will retire Nov. 1 after an accomplished 32-year career. Lewis Booth – who played a leading role in the successful transformation of Ford of Europe and Mazda during the past decade – will become the company's Executive Vice President and Chief Financial Officer. "Don's expertise and business acumen have been invaluable to Ford," Ford President and CEO Alan Mulally said. "Under his leadership, Ford has made significant progress in lowering costs, improving quality, improving efficiency, divesting non-core assets, improving our balance sheet and moving us to our One Ford." Leclair and Booth will work together in the coming weeks to ensure a smooth transition.

Booth comes to the CFO position with broad operational experience in Europe, Asia and North America as well as a deep background in finance and product development.

Ford also today announced that John Fleming is appointed Executive Vice President and Chairman and CEO, Ford of Europe, succeeding Lewis Booth. Fleming will assume responsibility for Ford of Europe, Volvo Car Corporation and Ford's Export Operations & Global Growth Initiatives. He will report directly to Mulally.

Leclair, 56, was named Executive Vice President and CFO in August 2003. He joined Ford in 1976.

Booth, 59, was named to his present position in 2005 and also formerly was responsible for the Premier Automotive Group. He joined Ford of Europe in 1978 as a financial analyst. During his career, he has had a series of senior leadership positions around the world, including Ford of Europe, Ford Asia Pacific, Ford South Africa, Mazda and Ford's Finance, Truck Operations, Product Development, Manufacturing and Sales operations in Europe, Asia and North America.

Fleming, 57, was named Group Vice President and President and CEO, Ford of Europe, in 2005. He joined Ford's manufacturing operations in the UK in 1967. During his career, Fleming has served in a variety of leadership positions in Ford's global Manufacturing operations, including managing four automotive assembly plants and three stamping and component plants.

Photos: Ford

(Oct. 10, 2008)