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Elizabeth Acton, Ford's New Treasurer, Brings Wealth of Experience to VP Post

15 September 2000

Elizabeth Acton, Ford's New Treasurer, Brings Wealth of Experience to VP Post

    DEARBORN, Mich., Sept. 15 Elizabeth Acton, who has been
named vice president - Treasurer at Ford Motor Company , will bring a
wealth of experience to the job on Oct. 1.
    "Beth is highly regarded in financial circles, both inside and outside of
Ford," said Jac Nasser, president and chief executive officer.  "Her
leadership skills in this vital arena will further our quest to make Ford the
world's leading consumer company for automotive products and services."
    Ms. Acton, who will report to Henry Wallace, group vice president and
chief financial officer, has been serving as executive vice president,
Finance, and chief financial officer at Ford Motor Credit Company since 1998.
    A 1973 graduate of the University of Minnesota, where she majored in
psychology, Ms. Acton earned an MBA in finance in 1976 at Indiana University.
She joined Ford in 1983 as a financial analyst in the Treasury department
after having worked as a vice president and relationship manager in the
multinational banking group of Continental Bank.
    Her varied assignments at Ford involved international financing, portfolio
and foreign exchange management, cash-flow forecasting, corporate finance and
pension asset management.  Prior to her Ford Credit post, Ms. Acton was
assistant treasurer for Ford.