GO
Loading...

Ford Streamlines Corporate Structure

Ford Motor President and Chief Executive Alan Mulally said the automaker has realigned its organization to put more focus on worldwide markets and customers.

CNBC's Phil LeBeau says the move was widely expected and is Mulally's latest effort to flatten Ford's management structure.

Derrick Kuzak has been chosen to lead global product development in addition to product development in the Americas. He will report directly to Mulally. J Mays continues to lead Ford design and will support Kuzak.

The heads of Ford's three automotive business units and several others will also now report directly to Mulally: Mark Fields, Ford of the Americas; Lewis Booth, Ford of Europe and the Premier Automotive Group; and John Parker, Ford of Asia Pacific and Africa, and Mazda; Tony Brown, purchasing; Bennie Fowler, quality and advanced manufacturing engineering; Nick
Smither, information technology; and Richard Parry-Jones, chief technical officer. Mulally's other direct reports remain unchanged.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video

  • Debating the plan to prevent tax inversions, Doug Holtz-Eakin, American Action Forum, says the Treasurys plan is worse than doing nothing. Christian Weller, Center for American Progress, explains why he favors inversion regulation.

  • CNBC's Eamon Javers discusses the Treasury Department's new rules to discourage companies from moving their headquarters overseas to avoid taxes.

  • Are Treasurys seeing a safe haven bid? CNBC's Rick Santelli and Bob Pisani break down the current action in bonds and equities.