Ford announces corporate realignment
Filed under: Hirings/Firings, Ford
Not long after we told you about the likely promotion of Derrick Kuzak to the role of global Car Czar, President and CEO of Ford Alan Mulally officially announced his corporate realignment plan. At the top of the pyramid is, of course, Mulally himself. Reporting to him are the leaders of Ford’s three largest units: Mark Fields, Ford of the Americas; Lewis Booth, Ford of Europe and the Premier Auto Group (PAG); and John Parker, Ford of Asia Pacific, Africa and Mazda. Supporting this team will be the aforementioned Derrick Kuzak, whose office door now reads Global Product Development Leader (a.k.a. Car Czar). J Mays is still the leader of Ford’s design teams and will support Kuzak.
The whole point of defining each executive’s role in the company and creating clear hierarchies is so that Ford can begin acting like one company instead of five separate ones, each with their own interests. The biggest change here is that Fields, Booth and Parker will now all be reporting directly to Mulally. In the past, both Booth and Parker would report to Mark Schulz, the company’s Executive VP of International Operations. Schulz, however, announced his retirement earlier this month, which gave management a perfect opportunity to cut out a middle man position and improve communication between various rungs of the corporate ladder.
Check out Ford’s full press release on this realignment after the jump.
[Source: Ford]
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