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Ford says finance exec leaving company

From Automotive News| April 02,2007

Ford Motor Co. said today that James Gouin, vice president of finance and strategy for international operations, will leave the company, making it the second departure of a financial executive in a week.

The second largest U.S. automaker on Wednesday, March 28, said Treasurer Ann Marie Petach was leaving the company to join money manager BlackRock Inc.

Ford did not announce a replacement for Gouin.

Gouin, who joined Ford in 1979, held many positions at the automaker, including vice president and controller.

Ford, which lost $12.7 billion in 2006, is in the middle of a sweeping restructuring that involves cutting nearly 40,000 jobs and closing 14 plants.

The automaker borrowed $23.4 billion last year to prepare for a $17 billion cash drain by 2009.

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