DOCSLIB.ORG

Aug 08 FINAL Pages.Qxp

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Aug 08 FINAL Pages.Qxp SUPPLEMENT TO © 2008 Crain Communications Inc. All rights reserved. August 2008 Guide to Industry Executives SPONSORED Names and titles of administrators at car companies in the United States BY Aston Martin North America 1 Premier Place, Irvine, CA 92618 949-341-6260 CEO VP, General Manager Aston Martin Lagonda of North America Inc. Ulrich Bez Julian Jenkins AutoAlliance International Inc. 1 International Drive, Flat Rock, MI 48134 734-782-7800 Chairman President & CEO CFO, VP Corporate Planning VP Purchasing VP Human Resources General Manager Launch Plant Manager Mazda General Manager Phil Spender Gary Roe Don Gelinas Tom Wessner Rex Johnson Greg Brown John Savona Masao Harada BMW of North America LLC 300 Chestnut Ridge Road, Woodcliff Lake, NJ 07677 201-307-4000 Executive VP Chairman, President & CEO* Executive VP Operations Finance & Adminstration VP Marketing VP Mini VP Communications VP Sales VP Aftersales Jim O'Donnell To be determined Guenter Niedernhuber Jack Pitney Jim McDowell Tom Kowaleski Wayne Orchowski Alan Harris VP, Engineering-US VP Motorcycles VP Legal VP Government Relations VP Eastern Region VP Southern Region VP Central Region VP Western Region Tom Baloga Pieter de Waal Howard Harris Craig Helsing Gene Donnelly Dan Creed Peter Miles Bob Frisch *BMW (US) Holding Corp. Mini 201-307-4000 Rolls-Royce Motor Cars NA LLC 201-307-4117 Manager Manager Corp. Communications General Manager General Manager General Manager General Manager General Manager Manager VP Mini Marketing Sales President Manager Sales Promotions Eastern Region Western Region Southern Region Aftersales Retail Operation Jim McDowell Trudy Hardy Steve Saward Paul Ferraiolo Karen Vonder Meulen Andy Thomas To be determined James Solomon Matthew Lynch Richard Hart Nicholas Brown BMW Manufacturing Co. LLC P.O. Box 11000, Spartanburg, SC 29304 864-989-6000 President VP Paint VP Assembly VP Logistics & Information Technology VP Quality Management & Engineering Josef Kerscher Doug Bartow Barbara Bergmeier Walter Berkmann Carsten Regent VP Body VP Corporate Affairs VP Finance VP Procurement VP Human Resources Bernd Koenigsbruegge Robert Nitto Sean Noonan Martin Schuebel Kathleen Wall CAMI Automotive Inc. 300 Ingersoll St., Ingersoll, Ontario, Canada N5C 4A6 519-485-6400 President VP Finance Director Manufacturing Robert Parcell Rafael Urdaneta Les Bogar Chrysler LLC 1000 Chrysler Drive, Auburn Hills, MI 48326 248-576-5741 Chairman & CEO Vice Chairman & President Vice Chairman & President Executive VP Manufacturing Executive VP Procurement Executive VP Product Development Executive VP North American Sales Bob Nardelli Jim Press Tom LaSorda Frank Ewasyshyn John Campi Frank Klegon Steven Landry Executive VP International Sales, Executive VP Human Resources VP Global External Affairs Senior VP External Affairs Senior VP Employee Relations Marketing & Buisness Development Executive VP, CFO & Communications & Public Policy Senior VP Design & Public Policy John Franciosi Michael Manley Ronald Kolka Nancy Rae John Bozzella Trevor Creed W. Frank Fountain Jr. retires Sept. 30, 2008 President VP Business Development, VP Powertrain Product Team VP Global Product Marketing Mopar/Global Service & Parts VP Regulatory Affairs VP, Chief Customer Officer VP, Chief Information Officer Mergers & Acquisitions Robert Lee Stephen Bartoli Simon Boag Deborah Morrissett Doug Betts Jan Bertsch L. John Cataldo President & CEO President, Managing Director President VP, General Counsel VP Small, Premium Chrysler Canada Inc. Chrysler de Mexico SA Global Engine Manufacturing Alliance & Secretary VP, Chief Marketing Officer VP Powertrain Manufacturing & Family Vehicle Design Reid Bigland Joseph Chamasrour Bruce Coventry Richard Houtman Deborah Meyer Richard Chow-Wah Joseph Dehner VP Advance Exterior, Pacifica Advance Design, Color, VP Jeep, Truck, Advance VP Small, Premium & Family VP Truck & Activity Vehicle Fabric & Mastering VP Global Alliance Operations Interior & Component Design Vehicle Assembly VP Global Services Assembly Operations VP Benefits Brandon Faurote Scott Garberding Ralph Gilles Frederick Goedtel Jr. Donald Goodwin Byron Green Thomas Hadrych Director, SRT & Dodge Brand VP, Chief Controller VP International Sales VP Union Relations VP U.S. Sales VP Taxation, Chief Tax Counsel Marketing & Communications Kim Harris Jones Thomas Hausch Alphons Iacobelli Darryl Jackson Paul Wolff Michael Accavitti Dodge Jeep VP Dodge Brand & SRT Marketing Communications VP Jeep Product Team Mike Accavitti Dan Knott Information current as of July 31, 2008 Ferrari North America Inc. 250 Sylvan Ave., Englewood Cliffs, NJ 07632 201-816-2600 President & CEO VP Finance, CFO VP, General Counsel VP Technical Services Maurizio Parlato Joseph Marsella David Wertheim Adam Rowley VP Sales VP Marketing, Public Relations & Communications Director, Business Development Director, CRM Jack Clarke Attilio Ruffo Andrew Shaffer Paul Montopoli Ford Motor Co. The American Road, Dearborn, MI 48126 313-322-3000 Executive VP, Chairman & CEO Executive VP, President Executive VP, President Executive Chairman Ford Motor Co. President & CEO Ford Motor Credit Co. Ford of Europe & Volvo The Americas William Clay Ford Jr. Alan Mulally Michael Bannister Lewis Booth Mark Fields Executive VP Group VP, Executive Chairman Group VP Sustainability, Environment Executive VP, CFO Asia Pacific & Africa Group VP Global Purchasing Ford Motor China & Safety Engineering Donat Leclair John Parker Tony Brown Mei-Wei Cheng Susan Cischke Group VP Group VP Group VP, President & CEO Group VP Marketing & Communications Human Resources Ford of Europe Group VP Quality Global Manufacturing Jim Farley Felicia Fields John Fleming Bennie Fowler Joseph Hinrichs Group VP Group VP Group VP Global Product Development Group VP & General Counsel Design & Chief Creative Officer Government & Community Relations Group VP & Chief Information Officer Derrick Kuzak David Leitch J. Mays Ziad Ojakli Nicholas Smither Senior VP, President VP, President & CEO VP Product Development Senior VP & Controller Customer Service Division Volvo Cars Ford of Europe VP International Government Affairs Peter Daniel Darryl Hazel Fredrik Arp Joseph Bakaj Stephen Biegun VP, President & CEO VP, President & CEO VP U.S. Sales & Marketing VP Communications Ford of Mexico Ford Motor China VP North America Engineering Ken Czubay Raymond Day Louise Goeser Robert Graziano Paul Mascarenas VP Labor Affairs VP, COO Ford of Europe VP Powertrain Operations VP Treasurer VP, Controller The Americas Martin Mulloy Stephen Odell Barb Samardzich Neil Schloss Robert Shanks VP Research & Advanced Engineering VP Marketing, Sales & Service VP Manufacturing & Chief Technical Officer VP, Executive VP Mazda Motor Corp. Ford of Europe Ford of Europe Gerhard Schmidt Philip Spender Ingvar Sviggum James Tetreault Ford Regent Court Building, 16800 Executive Drive, Dearborn, MI 48126 313-322-3000 Ford North America & Global Group VP VP U.S. Sales & Marketing President General Marketing Manager General Manager Product Communications Marketing & Communications Ford & Lincoln Mercury Ford Customer Service Division Ford Ford & Lincoln Mercury Sales Dealer Relations Manager Manager, Public Affairs Jim Farley Ken Czubay Darryl Hazel John Felice Randy Ortiz Dianne Craig Said Deep Lincoln Mercury 16800 Executive Plaza Drive, 4th floor, Dearborn, MI 48126 313-322-3000 Group VP VP U.S. Sales & Marketing President General Manager General Marketing Manager Marketing & Communications Ford & Lincoln Mercury Ford Customer Service Division Ford & Lincoln Mercury Sales Lincoln Mercury Jim Farley Ken Czubay Darryl Hazel Randy Ortiz John Felice Dealer Relations Manager Lincoln Mercury Group Lincoln Mercury Lincoln Mercury Ford & Lincoln Mercury Marketing Manager Communications Manager Communications Manager, Public Affairs Dianne Craig Michael Sprague Tom Grill Mark Schirmer Volvo Cars of North America Inc. 1 Premier Place, Irvine, CA 92618 949-341-6500 President & CEO Executive VP VP Brand, Business VP Consumer & Legal Affairs President & CEO Volvo Canada & Mexico Sales & Marketing & Product Strategy General Counsel Doug Speck Jeff Pugliese Anastasios Panas Dirk Bott Michael Thomas VP Public Affairs VP Customer Service VP Human Resources CFO VP Network Operations Geno Effler Chris Dauerer Juanita Doby Tim Fissinger Bill Gaudreau VP Retail Operations VP Southern Region VP Western Region VP Northeast Region Scott Doering John Kendig North Holbrook Rick Bryant This list is also available in Excel format at www.autonews.com/DataCenter SPONSORED BY Information current as of July 31, 2008 General Motors 300 Renaissance Center, Detroit, MI 48243 313-556-5000 Vice Chairman Executive VP Executive VP Global Group VP Global Purchasing Group VP, President Chairman & CEO President & COO Global Product Development CFO Powertrain & Global Quality Supply Chain GM North America G. Richard Wagoner Jr. Frederick Henderson Robert Lutz Ray Young Thomas Stephens Bo Andersson Troy Clarke Group VP Global Manufacturing Group VP, President Group VP, President GM Latin Group VP Group VP Group VP, President Group VP & Labor Relations GM Europe America, Africa & Middle East General Counsel Global Engineering GM Asia Pacific Global Product Planning Gary Cowger Carl-Peter Forster Maureen Kempston Darkes Robert Osborne James Queen David Reilly John Smith Group VP, CIO VP Global Manufacturing VP Global Sales, Service VP Research & Development, VP Environment, Energy Information Systems & Services VP Global Human Resources Engineering & Marketing Strategic
Load more

Recommended publications
  • Ford: the Evolution of Automobiles, Components, and Design
    Ford: The Evolution of Automobiles, Components, and Design Honors Project In fulfillment of the Requirements for The Esther G. Maynor Honors College University of North Carolina at Pembroke By Janelle Horton Department of Mathematics and Computer Science 04/26/2016 -/ (_,•('"•*"•"-* y^y '.'riJ*'-'-f "^ xf^nelle Horton// Date //-•'Honors Cc Charles Lillie, Ph.D. Date Faculty Mentor Teagan Decker, Ph.D. Date Senior Project Coordinator Acknowledgments I would like to show my greatest appreciation to the assistant professor of the Department of Mathematics and Computer Science, Professor Charles Lillie. Not only for agreeing to be my mentor throughout my honors senior project, but for also suggesting valid points to make within my essay and final PowerPoint presentation that would better my research. I appreciate Professor Lillie for taking the time out of his schedule to meet with me during his office hours to discuss ideas and interesting facts that would be essential to crafting my essay. I would also like to recognize my cousin Neleze Meadows for helping me in narrowing down my broad topic to solely focusing on the evolution of Ford auto-motives. My cousin helped me chose an automobile company that has had the biggest transformation from beginning to end, and is continuously still growing in the 21st century. With the help of both my mentor Professor Lillie and my cousin Neleze Meadows, once again thank you for your input towards devising my Honors Mayor College senior project. ii TABLE OF CONTENTS Abstract..........................................................................................................................................
    [Show full text]
  • Nine Things I Learned from Alan Mulally Bryce G
    Nine Things I Learned from Alan Mulally Bryce G. Hoffman ChangeThis | 93.01 In the summer of 2010, I decided to take a year off from my job as a journalist with The Detroit News to write a book about one of the most amazing comebacks in business history: the turnaround of Ford Motor Company. As the Ford beat reporter for the News, I had covered every twist and turn of that epic drama. I knew that this story was about much more than saving a car company. It was a roadmap for changing cultures. When Alan Mulally arrived in Dearborn in September 2006, he knew little about the automobile industry. However, he had already figured out how to take a dysfunctional organization that was being ripped apart by managerial infighting and turn it into a model of collaboration and effi- ciency. Mulally had proven that at the Boeing Company, where he was credited with saving the commercial aircraft division from a series of catastrophes ranging from the Asian financial crisis of the late 1990s to the terrorist attacks of September 11, 2001, that had cost Boeing most of its business. But Mulally’s biggest accomplishment in Seattle was saving Boeing from itself. Now Bill Ford Jr. was asking him to do the same thing with Ford. It was a daunting task. Ford—the company that put the world on wheels—was on the verge of bankruptcy. For decades, it had been fighting a losing battle against foreign automakers that not only made better cars, but also did so more efficiently and at substantially lower cost.
    [Show full text]
  • Capabilities for Mass Market Innovations in Emerging Economies
    Capabilities for Mass Market Innovations in Emerging Economies Rifat Sharmelly MSc, B.IT (Hons.) This thesis is presented for the degree of Doctor of Philosophy at The UNSW Business School (School of Management), The University of New South Wales, Sydney Australia 2016 ORIGINALITY STATEMENT ‘I hereby declare that this submission is my own work and to the best of my knowledge it contains no materials previously published or written by another person, or substantial proportions of material which have been accepted for the award of any other degree or diploma at UNSW or any other educational institution, except where due acknowledgement is made in the thesis. Any contribution made to the research by others, with whom I have worked at UNSW or elsewhere, is explicitly acknowledged in the thesis. I also declare that the intellectual content of this thesis is the product of my own work, except to the extent that assistance from others in the project's design and conception or in style, presentation and linguistic expression is acknowledged.’ Signed ……………………………………………........... Date ……………………………………………............... 2 COPYRIGHT STATEMENT ‘I hereby grant the University of New South Wales or its agents the right to archive and to make available my thesis or dissertation in whole or part in the University libraries in all forms of media, now or here after known, subject to the provisions of the Copyright Act 1968. I retain all proprietary rights, such as patent rights. I also retain the right to use in future works (such as articles or books) all or part of this thesis or dissertation. I also authorise University Microfilms to use the 350 word abstract of my thesis in Dissertation Abstract International (this is applicable to doctoral theses only).
    [Show full text]
  • Fast Forward 2006 Annual Report
    Ford Motor Company Ford Motor Company / 2006 Annual Report Fast Forward 2006 www.ford.com Annual Fast Forward Ford Motor Company • One American Road • Dearborn, Michigan 48126 Report cover printer spreads_V2.indd 1 3/14/07 7:41:56 PM About the Company Global Overview* Ford Motor Company is transforming itself to be more globally integrated and customer-driven in the fiercely competitive world market of the 21st century. Our goal is to build more of the products that satisfy the wants and needs of our customers. We are working as a single worldwide team to improve our cost structure, raise our Automotive Core and Affi liate Brands quality and accelerate our product development process to deliver more exciting new vehicles faster. Featured on the front and back cover of this report is one of those vehicles, the 2007 Ford Edge. Ford Motor Company, a global industry leader based in Dearborn, Michigan, manufactures or distributes automobiles in 200 markets across six continents. With more than Dealers 9,480 dealers 1,515 dealers 1,971 dealers 125 dealers 871 dealers 2,352 dealers 1,376 dealers 6,011 dealers and 280,000 employees and more than 100 plants worldwide, the company’s core and affiliated Markets 116 markets 33 markets 25 markets 27 markets 64 markets 102 markets 138 markets 136 markets automotive brands include Ford, Jaguar, Land Rover, Lincoln, Mercury, Volvo, Aston Martin Retail 5,539,455 130,685 188,579 7,000 74,953 428,780 193,640 1,297,966** and Mazda. The company provides financial services through Ford Motor Credit Company.
    [Show full text]
  • AN AUTONEWS 05-26-08 a 54 AUTONEWS.Qxd
    AN AUTONEWS 05-26-08 A 54 AUTONEWS 5/23/2008 4:05 PM Page 1 54 • MAY 26, 2008 Top North America-based automotive CEOs, ranked by 2007 total compensation Captains of industry Retirement pay Blue = supplier; Green = automaker; Red = dealership group 2007 2007 2007 2007 2007 deferred Name (age) 2007 2006 2007 bonus & incentive stock option stock award 2007 accumulated compensation Rank title Company total compensation total compensation base salary plan compensation gains gains other pension benefits balance 1 Alexander Cutler (56) Eaton $24,545,516 $14,303,055 $1,069,305 $9,520,197 $11,910,433 $1,820,803 $224,778 $12,842,426 $60,074,535 chairman, president & CEO 2 John Plant (54) TRW Automotive 22,670,224 12,954,324 1,594,167 3,904,000 14,329,500 2,459,110 383,447 39,256,900 614,163 president & CEO 3 Robert Keegan (60) Goodyear Tire & Rubber 18,763,103 11,470,710 1,176,667 12,300,000 5,204,113 0 82,323 11,509,825 642,761 chairman, president & CEO 4 Christopher Kearney (53) SPX 14,936,872 6,119,213 1,000,000 2,500,000 6,023,174 4,842,804 570,894 7,698,910 3,373,713 chairman, president & CEO 5 Theodore Solso (61) Cummins 13,223,409 12,238,722 1,110,000 6,274,000 0 5,691,000 148,409 17,635,689 5,493,879 president & CEO 6 Siegfried Wolf (49) Magna International* 12,686,685 4,422,180 100,000 9,467,000 2,897,880 N.A.
    [Show full text]
  • Alan R. Mulally
    Alan R. Mulally Former Executive Vice President, The Boeing Company Former President and CEO, Boeing Commercial Airplanes Retired President and CEO, Ford Motor Company Board of Directors, Google Mercer Island, Washington For leadership in the creation, design, development, and manufacture of commercial airplanes, exemplified by the Boeing 777. Alan Mulally is an AIAA Honorary Fellow, a past President of AIAA, a member of the Board of Directors at Google, former President and Chief Executive Officer of the Ford Motor Company, former President and Chief Executive Officer of Boeing Commercial Airplanes, former Executive Vice President of The Boeing Company, and former President of Boeing Information, Space & Defense. Joining The Boeing Company in 1969, Mulally contributed to a wide range of Boeing airliners including the 727, 737, 747, 757, 767, 777 and 787 airliners. Mulally supported the design of the cockpits for both the 757 and the 767 airliners, transitioning them from the familiar analogue systems to digital systems and creating the “glass cockpit,” which is now the industry standard. On the 777 project Mulally served as the Director of Engineering and later as the Vice- President and General Manager of the program. Boeing promoted Mulally to Senior Vice President of Engineering for its commercial airline group in 1994. Subsequent promotions followed until 1998 when he was made President of Boeing Commercial Airplanes, with CEO duties added in 2001. Mulally became President and CEO of the Ford Motor Company in 2006. Mulally led Ford’s transformation into one of the world’s leading automobile companies and the #1 automobile brand in the United States.
    [Show full text]
  • A Study of the Ford Motor Company
    Business Value Group LLC A Study of the Ford Motor Co Turnaround 2010 Keys : Quotes from Participants Key message or take-away Business Value Group LLC Patrick Hehir, September 2010 It is said that a man is not defined by his challenges in life but rather by his response to them. The same could be said of communities and organizations, including public companies. During the deep global recession of 2008, a myriad of companies and industries in the USA struggled to survive. Although it has been recently announced that the recession is over, its effects persist and there is significant fear that there will be a second recession that will hit late 2010 and into 2011. Given the stubbornly high level of unemployment, some even suggest that the U.S. may in fact be in a depression. During this time, our key financial and automotive business sectors ended up needing U.S. government aid to help them navigate through the toughest patch of the downturn. However there was a notable exception within the US auto industry, ONE company that never asked for or received any direct monies from the government, and that was The Ford Motor Company. Having never asked for or taken a dollar of support from the US government, Ford reported a profit of $2.7 Billion on January 29 ,2010, for fiscal year 2009, after having had a loss of $14.6B in 2008.1 This was Ford’s largest pretax operating profit in six years. “The company also outsold GM in February 2010, something that had not happened in more than 50 years, aside from several months in 1998 when GM workers were on strike.”2 In April Ford reported a profit of $2.1 Billion for quarter one of 2010 a big reversal from year ago period where it had a loss of $1.4 Billion.
    [Show full text]
  • Ford) Compared with Japanese (Honda) Automotive Industry: Their Strategies Affecting Surviabilty
    Cleveland State University EngagedScholarship@CSU ETD Archive 2010 A Major Study of American (Ford) Compared with Japanese (Honda) Automotive Industry: Their Strategies Affecting Surviabilty Patrick F. Callihan Cleveland State University Follow this and additional works at: https://engagedscholarship.csuohio.edu/etdarchive Part of the Engineering Commons How does access to this work benefit ou?y Let us know! Recommended Citation Callihan, Patrick F., "A Major Study of American (Ford) Compared with Japanese (Honda) Automotive Industry: Their Strategies Affecting Surviabilty" (2010). ETD Archive. 49. https://engagedscholarship.csuohio.edu/etdarchive/49 This Dissertation is brought to you for free and open access by EngagedScholarship@CSU. It has been accepted for inclusion in ETD Archive by an authorized administrator of EngagedScholarship@CSU. For more information, please contact [email protected]. A MAJOR STUDY OF AMERICAN (FORD) COMPARED WITH JAPANESE (HONDA) AUTOMOTIVE INDUSTRY – THEIR STRATEGIES AFFECTING SURVIABILTY PATRICK F. CALLIHAN Bachelor of Engineering in Material Science Youngstown State University June 1993 Master of Science in Industrial and Manufacturing Engineering Youngstown State University March 2000 Submitted in partial fulfillment of requirements for the degree DOCTOR OF ENGINEERING at the CLEVELAND STATE UNIVERSITY AUGUST, 2010 This Dissertation has been approved for the Department of MECHANICAL ENGINEERING and the College of Graduate Studies by Dr. L. Ken Keys, Dissertation Committee Chairperson Date Department of Mechanical Engineering Dr. Paul A. Bosela Date Department of Civil and Environmental Engineering Dr. Bahman Ghorashi Date Department of Chemical and Biomedical Engineering Dean of Fenn College of Engineering Dr. Chien-Hua Lin Date Department Computer and Information Science Dr. Hanz Richter Date Department of Mechanical Engineering ACKNOWLEDGMENTS First I would like to express my sincere appreciation to Dr.
    [Show full text]
  • Alan Mulally and the Fight to Save Ford Motor Company Free
    FREE AMERICAN ICON: ALAN MULALLY AND THE FIGHT TO SAVE FORD MOTOR COMPANY PDF Bryce G. Hoffman | 304 pages | 15 Feb 2013 | Random House USA Inc | 9780307886064 | English | New York, United States American Icon: Alan Mulally and the Fight to Save Ford Motor Company by Bryce G. Hoffman Look Inside. At the end ofFord Motor Company was just months away from running out of cash. With the auto industry careening toward ruin, Congress offered American Icon: Alan Mulally and the Fight to Save Ford Motor Company three Detroit automakers a bailout. General Motors and Chrysler grabbed the taxpayer lifeline, but Ford decided to save itself. As the rest of Detroit collapsed, Ford went from the brink of bankruptcy to being the most profitable automaker in the world. American Icon is the compelling, behind-the-scenes account of that epic turnaround. He spent countless American Icon: Alan Mulally and the Fight to Save Ford Motor Company with Alan Mulally, Bill Ford, the Ford family, former executives, labor leaders, and American Icon: Alan Mulally and the Fight to Save Ford Motor Company directors. HOFFMAN is a bestselling author, speaker and consultant who helps companies around the world plan better and leaders around the world lead better by applying innovative systems from the worlds of business and the military. Before launching his… More about Bryce G. American Icon is a story of leadership that offers valuable lessons for organizations of all sizes. Highly recommend! It features the transformation from a top-down style of leadership to that of a coach led by CEO Alan Mulally whose focus is the team, the team, the team.
    [Show full text]
  • Press Inform Ation
    PRESS INFORM ATION FORD ANNOUNCES AGREEMENT TO SELL ASTON MARTIN DEARBORN, Mich., March, 12, 2007 – Ford Motor Company [NYSE: F] announced today it has entered into a definitive agreement to sell Aston Martin, its prestigious sports car business, to a consortium comprised of David Richards, John Sinders, Investment Dar and Adeem Investment Co. This transaction is the result of Ford's decision, as announced in August 2006, to explore strategic options for the Aston Martin business as the company restructures its core automotive operations and builds liquidity. The sale is expected to close during the second quarter and is subject to customary closing conditions, including applicable regulatory approvals. The transaction values Aston Martin at £479 million ($925 million). As part of the transaction, Ford will retain a £40 million ($77 million) investment in Aston Martin. Other terms and conditions specific to the sale are not being disclosed at this time. "The sale of Aston Martin supports the key objectives of the company, to restructure to operate profitably at lower volumes and changed model mix and to speed the development of new products," said Alan Mulally, Ford's President and chief executive officer. "From Aston Martin's point of view, the sale will provide access to additional capital, which will allow Aston Martin to continue the growth it has experienced under Ford's stewardship. Today's announcement is good for Ford Motor Company, good for Aston Martin and good for the UK. We wish Aston Martin every possible success for the future." The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait.
    [Show full text]
  • DETROIT BUSINESS MAIN 09-18-06 a 14 CDB.Qxd
    DETROIT BUSINESS MAIN 09-18-06 A 14 CDB 9/15/2006 11:19 AM Page 1 Page 14 CRAIN’S DETROIT BUSINESS September 18, 2006 CRAIN'S LIST: WAYNE COUNTY'S LARGEST EMPLOYERS Ranked by full-time employees January 2005 Not including Detroit, Hamtramck and Highland Park Full-time Full-time Full-time Full-time Total Total Company employees employees employees employees worldwide worldwide Address Wayne County Wayne County Michigan Michigan employees employees Rank Phone; Web site Top local executive Jan. 2006 Jan. 2005 Jan. 2005 Jan. 2004 Jan. 2005 Jan. 2004 Type of business Ford Motor Co. Alan Mulally 45,283 47,091 61,404 64,872 NA NA Automobile manufacturer 1. 1 American Road, Dearborn 48126 CEO and president (313) 322-3000; www.ford.com Oakwood Healthcare Inc. Gerald Fitzgerald 7,947 7,515 7,952 7,520 7,952 7,520 Health care system 2. 1 Parklane Blvd., Suite 1000E, Dearborn 48126 CEO and president (313) 253-6000; www.oakwood.org Visteon Corp. Michael Johnston 4,000 6,800 5,200 NA 50,000 NA Automotive supplier 3. 1 Village Center Drive, Van Buren Township 48111 chairman and CEO (800) 847-8366; www.visteon.com Johnson Controls Inc. Automotive Keith Wandell 3,100 3,318 8,650 8,640 136,000 120,000 Automotive supplier; building Group president, automotive group control systems and facilities 4. 49200 Halyard Drive, Plymouth 48170 management (734) 254-5000; www.johnsoncontrols.com Henry Ford Health System Nancy Schlichting 3,094 3,067 14,405 13,865 14,482 13,970 Health care system 5.
    [Show full text]
  • 4Th Quarter and Full Year 2007 Ford Motor Company Earnings Results Conference Call
    FINAL TRANSCRIPT F - 4th Quarter and Full Year 2007 Ford Motor Company Earnings Results Conference Call Event Date/Time: Jan. 24. 2008 / 9:00AM ET www.streetevents.com Contact Us © 2008 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial. FINAL TRANSCRIPT Jan. 24. 2008 / 9:00AM, F - 4th Quarter and Full Year 2007 Ford Motor Company Earnings Results Conference Call CORPORATE PARTICIPANTS Lillian Etzkorn Ford Motor Company - Director, IR Alan Mulally Ford Motor Company - President & CEO Don Leclair Ford Motor Company - CFO CONFERENCE CALL PARTICIPANTS Chris Ceraso Credit Suisse - Analyst Robert Barry Goldman Sachs - Analyst Rod Lache Deutsche Bank - Analyst Himanshu Patel JPMorgan - Analyst Brian Johnson Lehman Brothers - Analyst Colin Langan UBS - Analyst Peter Nesvold Bear Stearns - Analyst John Murphy Merrill Lynch - Analyst Bryce Hoffman Detroit News - Media Jeff Bennett Dow Jones - Media Tom Kirsher Associated Press - Media Bernard Simon Financial Times - Media Mike Specter Wall Street Journal - Media Amy Wilson Automotive News - Media Sarah Webster Detroit Free Press - Media Bill Koenig Bloomberg News - Media PRESENTATION www.streetevents.com Contact Us 1 © 2008 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial. FINAL TRANSCRIPT Jan. 24. 2008 / 9:00AM, F - 4th Quarter and Full Year 2007 Ford Motor Company Earnings Results Conference Call Operator Good day, ladies and gentlemen and welcome to the Ford Motor Company fourth-quarter earnings conference call.
    [Show full text]