Tuesday, September 27, 2011

Ford Appoints China CEO

AppId is over the quota
AppId is over the quota
By AutoObserver Staff September 23, 2011

Ford Motor Co. has elected former controller of the Americas David L. Schoch as a company officer and named him to the role of chairman and CEO of Ford Motor China. The new role is effective November 1, and Schoch will report to Joe Hinrichs, group vice president and president, Asia Pacific and Africa. Schoch, 60, will assume direct responsibility for the operations and business leadership of Ford in China. “We have put in place aggressive expansion plans for Ford in China,” said Hinrichs. “As Ford China enters into a phase of accelerated growth, Dave, with his unique combination of skills and experience, is well suited to lead Ford China and take our expansion plans to the next level, including bringing four new plants on line and launching 15 new vehicles by 2015.”

Replacing Schoch as controller of the Americas is K.R. Kent, currently executive director of investor relations. As senior finance leader for all of the Americas, Kent, 48, will report to Mark Fields, Ford’s executive VP and president of the Americas. Since joining Ford as a financial analyst in 1977, Schoch has held a variety of positions including executive director, Ford Canada, Mexico and South America operations. He also served as chief financial officer and vice president of strategic planning for Ford of Europe and chief financial officer of Ford Asia-Pacific Operations. Schoch holds a bachelor’s degree in business from Lycoming College and an MBA in finance from Temple University.

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