(July 15, 2010) DEARBORN, Mich. — Ford 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. 

Jim Farley, 48, currently Ford group vice president, Global Marketing and Canada, Mexico and South America operations, will take an expanded role as Ford’s global leader for marketing, sales and service around the world. This marks the first time Ford has a single global leader for marketing, sales and service. The move is effective Aug. 1.

The moves also 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.
 
In parallel, Ford is reorganizing its operations in Canada, Mexico and South America. Effective Aug. 1, Eduardo Serrano, 50, currently president and CEO of Ford of Mexico, is appointed executive director, Latin America, with responsibility for the company’s operations in Mexico and South America. David Mondragon will continue as president, Ford of Canada. Both Serrano and Mondragon will report to Mark Fields, Ford executive vice president and president of the Americas.
 
“These moves allow us to strengthen our global team as we accelerate our One Ford plan and continue to profitably grow serving our customers around the world,” said Ford President and CEO Alan Mulally.