Ford Names Leclair CFO

The automaker appoints its controller as the new financial chief.
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Updated from 11:41 a.m. EDT

Ford

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confirmed that Don Leclair will become a group vice president and the company's new chief financial officer, succeeding Allan Gilmour, who remains vice chairman.

Ford's board also named Jim Gouin a company vice president and controller, replacing Leclair. Gouin has been controller for North America since November 2001. The appointments are effective Aug. 1.

Leclair, 51, will report to Gilmour. Those reporting to Leclair are Gouin, Malcolm Macdonald, the vice president and treasurer, and Barbara Gasper, vice president of investor relations.

In addition to finance, Gilmour has responsibility for corporate affairs, human resources, the general auditor's office, the dealer policy board and Ford credit.

The automaker has had five CFOs in the past four years. Shares of Ford were recently down 11 cents at $11.01.