DETROIT — Ford says two top executives who helped lead its comeback are retiring.
Chief Financial Officer Lewis Booth and global product development chief Derrick Kuzak both will retire April 1.
But CEO Alan Mulally says he has no plans to leave. He quickly named Controller Bob Shanks to replace Booth. Engineering chief Raj Nair will replace Kuzak.
Mulally - who is 66 years old - says Ford has a succession plan for every management position.
Booth led Ford Motor Co.'s financial operations through the banking crisis in 2008 and helped the company repay much of its debt. Kuzak is credited with shifting Ford's focus from trucks to cars and leading a move to design cars that are sold in every global market.
Michigan
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Two of Ford's top executives are retiring. Associated Press
February 9, 2012
Ford execs to retire
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Would-be robber stuck in ductwork
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Crews work to protect structures in wildfires
Crews worked Tuesday to ensure that no more structures were damaged by a wildfire burning across more than 30 square miles of Michigan's Upper Peninsula as high winds in the forecast threatened to test firefighting efforts, an official said.
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U.P. blaze destroys nearly 100 structures
The lost property includes Pike Lake Resort near Pike Lake in Luce County. The Rainbow Lodge at the mouth of the Two Hearted River, one of Ernest Hemingway's favorite streams, was badly damaged.
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Canada pledges $17.5 million in fight against Asian carp
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Michigan in Brief: 05/29/2012
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Light rain, more aircraft aid wildfire fight
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Rain helps control wildfires
Rain lent a hand Sunday to the 230 crew members battling a wildfire in the eastern part of Michigan’s sparsely populated Upper Peninsula.
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Blaze in the Upper Peninsula continues to rage out of control
A wildfire in Michigan's Upper Peninsula grew by 17 percent to more than 21,000 acres Saturday as officials warned of tough conditions and welcomed help from water-dumping aircraft from the Michigan National Guard.
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500 businesses register to sell fireworks
A new law is sparking fireworks sales — and the Michigan economy.
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Michigan in Brief: 05/27/2012
Body of teen kayaker found; Museums: Military families get in free
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Two hurt in plane crash near Ann Arbor
A husband and wife were critically injured when their single-engine plane crashed in the backyard of an Ann Arbor-area home on Friday, authorities said.
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Asian carp surveillance ramping up in Illinois
Illinois fisheries biologists netted two Asian carp in a Chicago lagoon Thursday as part of a stepped-up effort to track and remove the invasive species from Illinois waterways.
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House panel passes new teacher pension plan
A plan requiring school employees to pay more toward their pensions but not force new teachers into a 401(k)-style system was approved by a Michigan House committee Thursday, meaning the full chamber will consider a pension fix much different than the Senate's plan.
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