---

Ford's President and CEO Named Automotive Industries' Exec of the Year

26 February 1999

Ford Motor Company President and CEO Jac Nasser Named Automotive Industries' Executive of the Year

    DETROIT, Feb. 26 -- Jac Nasser, Ford Motor Company's
president and chief executive officer, has been chosen Automotive
Industries' Executive of the Year for 1999.
    The award is given to automotive industry executives who have made a great
impact on the auto industry.
    "Jac Nasser has had a dramatic imprint on Ford in every executive position
he's held," says Marjorie Sorge, editor-in-chief of Automotive Industries.
"His commitment to shareholder value, people and customer satisfaction has
made Ford a successful global company and a leader in the industry today."
    AI's editors chose Nasser because he has turned Ford into a more nimble,
more efficient automaker that has substantially increased its earnings and
image.  Last year it delivered a total return to investors of 89%, putting
Ford in the top quartile of S&P 500 companies.  He is also a long-term thinker
dedicated to producing new, innovative vehicles and to creating new ways to
build and sell them.
    Nasser joined Ford of Australia in 1968 as a junior trainee after
graduating from the Royal Melbourne Institute of Technology with a degree in
international business.
    Now in its 103rd year, Automotive Industries is a monthly magazine serving
the auto industry.  It is published by Cahners Business Information,
headquartered in Newton, Massachusetts.