Schoch has been leading Ford's growth in China, where it has invested more than $4.9 billion to introduce 15 new vehicles by 2015 and double production capacity. With extensive operational experience in North America, South America, Europe and Asia, Schoch now will lead the company's growth plan for the entire region, having worked alongside Hinrichs for the past year.
Lawler assumes leadership of Ford Motor China, having served as CFO for Asia Pacific Africa, working alongside Hinrichs and Schoch to develop and implement the company's aggressive growth plan in the region. Building on his considerable global operational experience – including being part of the team that led Ford's North American transformation – Lawler now will focus on the world's largest automotive market and the dramatic expansion of Ford's presence in China.
"In addition to fundamentally transforming our company during the last several years, we have strengthened our team with world-class leaders who will enable us to sustain our One Ford journey," Mulally said. "All of us at Ford remain absolutely committed to continuing to make progress on our One Ford plan, including dealing decisively with near-term challenges, investing for future growth and developing outstanding products with leading quality, fuel efficiency, safety, smart design and value."
Biographical information about each of the leaders is as follows:Mark Fields Prior to being named Ford executive vice president and president of Ford of The Americas in October 2005, Fields, 51, served as executive vice president, Ford of Europe and Premier Automotive Group (PAG). There, he led all activities for Ford's premium vehicle business group, and for Ford-brand vehicles manufactured and sold in European countries. Prior to that, Fields was chairman and CEO of PAG. Fields joined Ford in July 1989. From 2000 to 2002, he was president and CEO of Mazda Motor Company, leading the company through a period of significant transformation. He previously held a number of positions in both North America and South America, including managing director of Ford Argentina. Joe Hinrichs Hinrichs, 45, has headed Ford's Asia Pacific Africa region since December 2009. Prior to this role, Hinrichs served as group vice president, Global Manufacturing and Labor Affairs, responsible for the operations Ford assembly, stamping and powertrain plants worldwide and overseeing the company's global engineering support for stamping, vehicle and powertrain manufacturing.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV