Ford today confirmed last week’s rumours that former vice chairman Allan Gilmour will immediately rejoin the company as vice chairman and chief financial officer.
Former group vice president and chief financial officer Martin Inglis is now group vice president of business strategy and also responsible for mergers and acquisitions plus the Hertz rental car operations.
Also announced today is the move of David Thursfield, currently a group vice president and chairman, president and chief executive officer of Ford of Europe to group vice president of international operations and global purchasing, from August 1
Thursfield replaces Carlos Mazzorin (who becomes senior advisor to the office of the chairman and chief executive) but remains chairman and chief executive officer, Ford of Europe and in charge of global purchasing and South American and Asia Pacific operations.
Martin Leach has been appointed president and chief operating officer, Ford of Europe and Derrick Kuzak has been elected a vice president while succeeding Leach as vice president of Ford Europe’s product development, also from August 1.
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By GlobalDataGilmour retired from Ford in 1995 after serving as vice chairman and as a member of the office of the chief executive and the company’s board of directors.
He was also president of the Ford automotive group, chief financial officer, controller, and president of Ford Credit during his 34-year career.
Gilmour owns a Ford and Chrysler dealership and is a director of Prudential Financial, DTE Energy, Whirlpool Corporation and Dow Chemical.
News reports in the US last week said that Gilmour had left Ford after being twice passed over for the CEO role.
The Detroit News said Gilmour made national headlines when he became one of the highest ranking business executives to openly discuss his homosexuality. His story was told in media outlets ranging from Fortune magazine to the Advocate, a national magazine that focuses on gay and lesbian issues.
The newspaper added that Gilmour is the latest example of the motor industry re-hiring well-heeled retirees who have “instant credibility” on joining a company.