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Ford reshuffles executive team for Asia-Pacific operations

Joanne Jiu From Gasgoo.com| March 21 , 2008 16:59 BJT
Shanghai. March 21 (Gasgoo.com) - Ford Motor Co. announced a series of appointments for top executives in charge of Asia-pacific operations today.
 
Mr. Mei-Wei Cheng, current chairman and chief executive of Ford Motor China, is appointed as group vice president as well as executive chairman of Ford Motor China.
 
Robert J. Graziano is named as president and chief executive of Ford Motor China. He currently serves as group vice president of Ford and executive vice president for Mazda Motor. Graziano joined Ford in 1982 and used to serve as president and CEO of Ford Motor of South Africa.
 
Philip G. Spender, currently chief operating officer of Ford Motor China is named as vice president of Ford and executive vice president of Mazda Motor. Spender worked for Ford for 32 years and took an important role in establishing and expanding business of ChangAn Ford Mazda Co., a three-way joint venture in China.
 
All the appointments will take effect as of April 1.
 
Ford Motor sold 216, 324 Ford-brand vehicles in Chinese market last year, up 30 percent from one year earlier, according to the company's earlier announcement. But as The Detroit News revealed, the automaker missed its goals for market share and localization rate of components.

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