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Ford Aligns Organization for 1999 and Beyond and Elects New Officers

9 October 1998

Ford Aligns Organization for 1999 and Beyond and Elects New Officers
    DEARBORN, Mich., Oct. 9 -- A realignment of Ford Motor
Company's organization effective Jan. 1, 1999 and the election of
new company officers at Ford to succeed those retiring at the end of the year
were announced today by Alex Trotman, chairman and chief executive officer,
and Jac Nasser, company president and chief executive officer-elect.
    "We're adjusting the management and keeping it lean and nimble to fit the
needs of the future," Nasser said.  "Experienced members of the team will
succeed the retiring management and lead the company into the competitive
battles of the future.  I am confident of their abilities and experience and
look forward to helping them build on the progress we have made in changing
this company to succeed in the decades ahead."
    The new corporate officers and those with new or added responsibilities
are:
    *  Wayne Booker remains a vice chairman of the company with responsibility
for assisting with the transition to the new management team, especially in
the new markets.
    *  Pete Pestillo is elected a vice chairman and chief of staff of the
company, with responsibility for Human Resources, Governmental Affairs, the
Office of the General Counsel, and Public Affairs.
    *  John Devine continues as executive vice president and chief financial
officer, and assumes responsibility for Visteon, Hertz and Ford Land.
    *  Craig Muhlhauser is elected a vice president and named president of
Visteon, Ford's automotive systems enterprise, succeeding Charlie Szuluk.  He
previously headed Visteon marketing and sales.
    *  Richard Parry-Jones assumes additional responsibility by leading the
company's quality efforts and is named group vice president - Product
Development and Quality.
    *  Philippe Paillart, chairman and chief executive officer of Ford Credit,
also becomes president, Financial Services Group.
    *  Henry Wallace is elected group vice president - Asia Pacific Operations
and Associations.  He previously was vice president - Strategic Planning and
chief financial officer - Ford of Europe.
    *  Neil Ressler is named vice president - Chief Technical Officer,
Research and Vehicle Technology, with responsibility for Advanced Vehicle
Technology, Scientific Research and Environmental and Safety Engineering.
    *  Jim Padilla is elected group vice president - Manufacturing, succeeding
Bob Transou.
    *  Martin Inglis is named president - South American Operations,
succeeding Padilla.  Inglis previously was vice president - Product and
Business Strategy, Ford Automotive Operations.
    *  Bill Cosgrove is elected vice president - Business and Product
Strategy, succeeding Inglis.  Cosgrove previously was corporate Controller.
    *  Vaughn Koshkarian is named vice president - Public Affairs, succeeding
David Scott.  Koshkarian previously was chairman and chief executive officer -
Ford Motor (China) Ltd.
    *  Mei Wei Cheng is elected a vice president and named president - Ford
Motor (China) Ltd., succeeding Koshkarian.
    *  Roman Krygier is appointed vice president - Powertrain Operations,
succeeding John Huston.  He previously was vice president - Advanced
Manufacturing Engineering.
    *  Martin Zimmerman is elected vice president - Governmental Affairs.
Zimmerman previously was executive director - Governmental Affairs and
Corporate Economics.
    *  John Rintamaki is elected vice president and General Counsel,
succeeding John Martin, Jr.  Rintamaki previously was Assistant General
Counsel.  He continues as Secretary of the company.
    *  David Murphy is elected vice president - Human Resources, succeeding
Bob Kramer.  Murphy was previously executive director - Human Resources, Ford
Automotive Operations.
    *  Ron Goldsberry is named vice president - Global Service Business
Strategy.
    *  Mike Jordan is elected vice president - Ford Customer Service Division
succeeding Goldsberry.  He previously was executive director, North American
Customer Service Operations, Ford Customer Service Division.
    *  Bill Swift is named vice president - Controller.  He previously was
vice president - Controller for Ford Automotive Operations.

                 Biographical Information on Company Officers

                     All positions effective Jan. 1, 1999

    W. WAYNE BOOKER, vice chairman.  Born Aug. 28, 1934, in Sullivan, Ind.
Received bachelor's of science degree in economics from Purdue University.
Joined Ford in 1959 as cost analyst with Ford Division.  Held finance
positions with Automotive Assembly Division and Finance Staff before becoming
finance director for Ford of Mexico in 1971 and finance director for Latin
American Operations in 1974.  Named Engine Division controller in 1977,
assistant controller of North American Automotive Operations in 1978 and
assistant controller of International Automotive Operations in 1981.
Appointed director - president of Ford of Brazil in 1986 and director -
executive vice president of Autolatina Limitada, the holding company for
Ford's joint venture with Volkswagen in Brazil and Argentina, in 1987.  Became
executive director, Latin American Automotive Operations in 1988.  Elected a
company vice president Oct. 12, 1989, and became head of Asia-Pacific
Automotive Operations Nov. 1, 1989.  Became chairman of AutoAlliance
International Inc., the Ford-Mazda joint venture manufacturing company in Flat
Rock, Mich., on July 1, 1992.  Elected executive vice president Oct. 1, 1992.
Since Nov. 1, 1996, he has led the company's efforts in growth markets around
the world.

    MEI WEI CHENG, vice president and president, Ford Motor (China) Ltd.  Born
Feb. 9, 1950 in Hsinchu, Taiwan, and is a naturalized U.S. citizen.  He holds
a bachelor's degree in industrial engineering/operations research from Cornell
University, has completed extensive graduate studies in marketing and finance
at Rutgers University and is a graduate of  Dartmouth's Amos Tuck Executive
Program and MIT's Program for Senior Executives.  He is fluent in Mandarin as
well as English.  Cheng joined Ford in January 1998 from General Electric
Corporation where he was a vice president of the company and regional
executive and president of GE Appliance - Asia in Hong Kong.  Prior to this he
was Chairman and CEO of GE (China) Ltd.  Cheng started his career in 1972 as a
plant engineer with New Jersey Bell.  He worked for several telephone
companies before becoming account executive, commercial sales for Western
Electric Company in 1982.  He joined AT&T in 1983 as managing director of AT&T
International (Taiwan). Within AT&T has also served as director - Product
Management, director - International Sales Operations, vice president -
Business Development and president - AT&T China, located in Beijing.

    WILLIAM J. COSGROVE, vice president - Business and Product Strategy.  Born
July 12, 1945, in New York City.  Obtained a Bachelor of Commerce and
Economics at Washington & Lee University before entering the U.S. Army in
1967.  After completing his U.S. Army service, he joined the Marine Midland
Bank.  He was selected for the Syracuse University MBA program, where he
received a degree in 1972.  Joined Ford Motor Company in Dearborn, Michigan,
as a finance trainee in 1972.  Later, he was assigned to numerous financial
analysis positions of increasing responsibility in Product Development and
North American Automotive Operations.  He held several international
assignments from 1980 to 1994, when he was named as Corporate Controller.

    JOHN M. DEVINE, executive vice president and chief financial officer.  Mr.
Devine also has responsibility for Visteon Automotive Systems, Hertz and Ford
Land.  Born May 13, 1944, in Pittsburgh.  Received bachelor's degree from
Duquesne University and M.B.A. from University of Michigan.  Joined Ford in
1967 as a finance analyst.  Moved to Ford of Europe in 1977 and held a number
of finance positions before being appointed controller, Product Development,
in 1981.  Named staff director, Finance, Asia-Pacific Operations, in 1983.
Appointed vice president of Northern Pacific Business Development and
president of Ford Motor Company (Japan) in 1986.  Appointed controller, Truck
Operations, North American Automotive Operations, in February 1988.  Joined
First Nationwide Bank in September 1988 as president and chief operating
officer.  Named chairman and chief executive officer of First Nationwide in
April 1991.  Elected Ford Motor Company vice president - corporate controller
in June 1994.  Named group vice president and chief financial officer on Oct.
1, 1994.  Assumed present position Nov. 1, 1996.

    RONALD E. GOLDSBERRY, vice president, Global Service Business Strategy,
Ford Customer Service Division.  Born Sept. 12, 1942, in Wilmington, Del.
Received bachelor's degree in chemistry from Central State University in 1964,
Ph.D. in chemistry from Michigan State University in 1969 and M.B.A. in
finance and marketing from Stanford University in 1973.  Joined Ford in 1983
as vice president and general manager of the Parker Division after the company
purchased Parker Chemical Company, Madison Heights, Mich., and was later named
president and chief operating officer of Parker Chemical, which became a Ford
subsidiary as part of the company's Plastics Products Division until its sale
in 1987.  Became general manager of the Plastics Products Division of Ford's
Automotive Components Group in January 1987.  Named executive director for
Sales Operations in 1990 and general sales and marketing manager for Ford
Parts and Service Division in October 1991.  Elected vice president and
general manager Feb. 1, 1994.  Appointed to vice president, Ford Customer
Service Division on Jan. 1, 1997.

    I. MARTIN INGLIS, president - Ford South American Operations.  Born
Oct. 2, 1950, in Penang, Malaya.  Received a bachelor's degree in business
economics from Strathclyde University in Glasgow, Scotland.  Joined Ford in
1971 as a graduate trainee with Ford of Britain and moved to Ford of Europe to
become an economist in its Economic Studies activity.  Named director of
Finance for Ford Lio Ho in Taiwan in 1985.  Appointed finance manager for
Large Rear-Wheel-Drive Car Programs in 1987.  Named assistant director - Car
Programs Finance in May 1989 and director of Finance in January 1991.
Appointed director - International Automotive Operations Business Strategy and
Latin American Automotive Operations in 1993.  Became executive director -
Product Strategy for Product Development, Ford Automotive Operations, in
October 1994.  On Nov. 1, 1996, he was named - Product and Business Strategy,
Ford Automotive Operations.

    MICHAEL D. JORDAN, vice president - Ford Customer Service Division.  Born
Nov. 6, 1946.  He holds bachelor's and master's of Business Administration
degrees from St. John's University in New York.  He joined Ford in November
1971.  Following a series of Finance positions in North America, he was named
controller of Ford of Europe in November 1983.  In December 1987, he was named
controller of Ford and Lincoln Mercury divisions, Marketing and Sales staff.
In January 1995, he was named executive director of Ford Customer Service
Division (FCSD) in Europe.  Two years later, he was appointed executive
director, North American Customer Service Operations for FCSD.

    VAUGHN A. KOSHKARIAN, vice president - Public Affairs.  Born March 9,
1941.  Koshkarian holds a bachelor's degree and M.B.A. in finance from
Northwestern University.  Joined Ford Motor Credit Company as a field
representative in Illinois in 1962, and moved through a number of positions in
the Lincoln-Mercury Division controller's office.  Accepted a position as
international finance analyst - Finance Staff in 1971, and remained in Ford's
Finance Staff for six years in a variety of supervisory and management
positions.  Moved to the Car Product Development Group as advanced car product
planning manager in 1977.  Continued in car planning and programs positions
for the following eight years.  Became director-Finance for Ford Asia-Pacific,
Inc. in 1985, after three years in Australia, where the company's Asia-Pacific
Automotive Operations group office was then located.   Became controller for
Ford of Europe.  Returned to Finance Staff in the United States in 1992 as
assistant controller - Corporate North American Analysis and Automotive
Components Group, and became controller - Truck Operations in Ford's North
American Automotive Operations.  Appointed director, IAO Strategy and
Associations, in July 1994.  In August 1995, he was elected a corporate vice
president and named as president - Ford Motor (China) Ltd. in Beijing.

    ROMAN J. KRYGIER, JR., vice president - Powertrain Operations.  Born
Jan. 11, 1943.  Received bachelor's degree in mechanical engineering from
Purdue University and a master's degree in management from M.I.T.  Joined Ford
in 1964.  Held a variety of positions until his promotion to manufacturing
manager of the Stamping Plant in Woodhaven (Mich.) in 1977.  Appointed
executive director, Advanced Manufacturing Engineering and Process Leadership
in May 1994 after serving as general manager, Body and Assembly Operations of
North American Automotive Operations.  He assumed the position of vice
president - Advanced Manufacturing Engineering, Ford Automotive Operations on
Jan. 1. 1998.

    CRAIG H. MUHLHAUSER, vice president and president - Visteon Automotive
Systems.  Born Aug. 20, 1948.  He holds both a bachelor's and master's degree
in Engineering from the University of Cincinnati.  He joined Ford in July 1997
as executive director, Marketing and Sales, Ford Automotive Products
Operations.  In September 1997, he was named vice president of Global
Marketing, Sales and Service, Visteon Automotive Systems.  Before joining
Ford, he held positions with General Electric, Lucas Aerospace, ASEA Brown
Boveri and UTC/Pratt & Whitney.

    DAVID L. MURPHY, vice president - Human Resources.  Born Dec. 26, 1945.
Received a bachelor's degree with honors from Queens University in Belfast,
Northern Ireland.  Joined Ford in 1968 as a college graduate trainee in Ford
of Britain.  After a series of personnel and industrial relations positions,
he moved to the U.S. in 1988 as a program manager in the company's Executive
Development Center.  In July 1990, he was named vice president - Employee
Relations for Ford of Australia.  Nearly four years later, he returned to the
U.S. as director - Management and Organization Planning, Employee Relations.
In October 1994, he was appointed director - Organization and Personnel
Planning - Marketing and Sales.  In November 1996, he was named executive
director, Organization and Personnel Planning for Ford Automotive Operations.

    JAMES J. PADILLA, group vice president - Manufacturing.  Born June 13,
1946, in Detroit.  Received bachelor's and master's degrees in chemical
engineering and a master's in economics from the University of Detroit.
Served as special assistant to the U.S. Secretary of Commerce as a White House
Fellow.  Joined Ford in 1966 as quality control engineer.  Appointed program
operations manager for the Escort/Tracer, Contour/Mystique and Taurus/Sable
car lines.  Became director - Small Car Segment, Car Product Development in
1991.  Served as director - Engineering and Manufacturing, Jaguar Cars, Ltd.
and director - Performance Luxury Vehicle Line, Rear-Wheel-Drive Vehicle
Center, from 1992 to 1994.  On  Nov. 1, 1996, he was elected a corporate vice
president and president - Ford Brazil and Argentina, Ford Automotive
Operations.

    PHILIPPE PAILLART, president - Ford Financial Services Group and chairman
and chief executive officer of Ford Credit.  Paillart holds degrees in
economics, law and business administration from University of Paris and Paris
Business School.  He is fluent in French, English and German  Paillart joined
Renault in 1975 as the chief economist of the Renault group and a member of
the group strategic planning committee.  Other assignments during his nine
years at Renault included head of the Renault USA marketing group based in
Detroit, which was responsible for product planning, marketing, sales and
service.  He also was part of the acquisition and integration team for the
American Motors acquisition, starting in 1978.  He joined Citibank in London
in 1984, first serving as Diners Club International's director of strategic
planning and marketing in Europe, Middle East and Africa.  He moved to Germany
in 1986 as chief of staff of Citibank's Central European region and head of
planning and development of Citibank Germany, later rising to general manager
of international personal banking activities in Europe, Middle East and
Africa.

    RICHARD PARRY-JONES, group vice president - Product Development and
Quality.  Born Sept. 15, 1951, in Britain.  Received bachelor's degree from
Salford University.  Joined Ford of Britain in 1969 and progressed through a
series of product planning positions before moving to the U.S. as director,
Technical Planning Office, Engineering and Manufacturing Staff, from January
1987 until January 1988, when he became director, Vehicle Concepts Engineering
Office.  Returned to Ford of Europe in September 1989 and held several
positions in Body and Assembly Operations.  Appointed chief engineer, Vehicle
Engineering in November 1992.  Named vice president, Product Programs, Vehicle
Engineering and Design, Ford of Europe, in February 1994.  Appointed vice
president--Small and Medium Car Vehicle Center on Nov. 1, 1996.

    PETER J. PESTILLO, vice chairman and chief of staff, responsible for
Governmental Affairs, Human Resources, the Office of the General Counsel and
Public Affairs.  Born March 22, 1938, in Bristol, Conn.  Received bachelor's
degree from Fairfield (Conn.) University and law degree from Georgetown
University.  Member of the bar of the District of Columbia.  Served as vice
president of Corporate and Employee Relations, B.F. Goodrich Co. and held
industrial relations positions with General Electric Co.  During Economic
Stabilization Programs, served on the Federal Pay Board in Washington, D.C.
Joined Ford in January 1980 as vice president - Labor Relations.  Elected vice
president - Employee Relations in January 1985, and vice president - Employee
and External Affairs in January 1986.  Became vice president - Corporate
Relations and Diversified Businesses April 1990.  Elected an executive vice
president and named executive vice president - Corporate Relations on Jan. 1,
1993.

    NEIL W. RESSLER, vice president, chief technical officer, Research and
Vehicle Technology.  Born June 1, 1939, in Columbus, Ohio.  Received
bachelor's of science degree in mechanical engineering from General Motors
Institute, master's and Ph.D. in physics from University of Michigan, and
M.B.A. from Michigan State University.  Joined Ford in 1967 as a senior
research scientist.  In 1971, named principal design engineer, Suspension and
Steering.  Appointed chief engineer, Components, Climate Control Division in
1981.  Returned to Car Product Development in 1983 as chief engineer, Small
Car Design/Development.  Named chief engineer, Chassis and Electrical
Engineering in 1985, and director, Quality and Product Systems and Advanced
Engineering in 1988.  Appointed executive director, Vehicle Engineering, Car
Product Development in September 1990.  Elected a company vice president of
Core Product Development, Ford Automotive Operations, on May 1, 1994.   He
assumed the position of vice president - Advanced Vehicle Technology,  Ford
Automotive Operations on Aug. 1, 1994.

    JOHN M. RINTAMAKI, vice president - General Counsel.  Born on March 2,
1942 in Wakefield, Mich.,  Received a bachelor's degree in business
administration from the University of Michigan and graduated with distinction.
He was graduated cum laude from the University of Michigan Law School and is a
member of Phi Kappa Phi Honor Society.  He is a member of the Michigan and
Pennsylvania bars.  He joined Ford in July 1973 as an attorney with Philco-
Ford Corp. after serving  nine years as an attorney with the United States
Army's Judge Advocate General's Corps. at various locations in the United
States and the Far East.  He joined Ford Motor Company's Office of the General
Counsel in September 1978 as a senior attorney handling international issues.
Six years later, he was named associate counsel - Corporate Financing. In
September 1986, he was named assistant secretary and associate counsel.  In
October of 1991, he was appointed assistant secretary and assistant general
counsel -- SEC and Corporate Matters.  He was elected to corporate secretary
and an assistant general counsel of Ford Motor Company in July 1993.

    WILLIAM A. SWIFT, vice president - Controller.  Born April 15, 1943 in Des
Moines, Iowa.  Holds bachelor's degree in business administration from
University of Iowa and master's in management from Stanford University.
Joined Ford in 1965.  Held a series of positions on Finance Staff until 1981,
when he joined Car Product Development as assistant controller -- product
analysis.  Named project director -- business strategy for Corporate Strategy
and Analysis Staff.  He was elected a vice president and named Controller of
Ford Automotive Operations on Jan. 8, 1998.

    HENRY D.G. WALLACE, group vice president - Asia-Pacific Operations and
Associations. Born Oct. 20, 1945.  Received a bachelor of arts degree in
economics from the University of Leicester in England.  Joined Ford of Europe
in the United Kingdom in 1971.  Progressed through a number of financial
management positions in Truck, Sales and Manufacturing.  Assigned to the
United States in 1983 as manager of pricing for NAAO Sales Operations.  Became
controller, Ford of Mexico in 1986.  Returned to the U.K. in 1989 as finance
director for the CDW27 car program.  Became treasurer, Ford of Europe.
Elected president - Ford of Venezuela in 1992.  Appointed executive vice
president - Mazda Motor Corporation, June 1994 and president of Mazda in June
1996.  On Jan. 1, 1998, he was appointed chief financial officer, Ford of
Europe and vice president - European strategic planning.

    MARTIN B. ZIMMERMAN, vice president.  Born June 19, 1946.  Holds a
bachelor's degree in Economics from Dartmouth College and a doctorate in
Economics from the Massachusetts Institute of Technology.  He joined Ford in
August 1987 as the company's chief economist following a distinguished career
as a professor with MIT and the University of Michigan.  In January 1994, he
was appointed executive director - Governmental Relations and Corporate
Economics.