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
Related Photos
-
Two of Ford's top executives are retiring. Associated Press
February 9, 2012
Ford execs to retire
-
-
EPA creates Great Lakes board
The U.S. Environmental Protection Agency is creating a board to advise federal agencies carrying out two wide-ranging programs to protect the Great Lakes, EPA chief Lisa Jackson said Thursday.
Continued ... -
Cooler temps help firefighters in U.P.
The Michigan Department of Natural Resources says cooler temperatures have allowed crews to “make significant progress” in their battle against a wildfire that has consumed 21,450 acres in the Upper Peninsula.
Continued ... -
High schools waive sports age limit
High schools in Michigan have voted to allow a waiver of the maximum age for students to participate in interscholastic athletics.
Continued ... -
Candidates make case for election in forum
In her first joint appearance with two Republican election rivals, Democratic Sen. Debbie Stabenow on Wednesday lamented partisan gridlock and said she had worked with members of both parties to reduce federal spending on agriculture programs.
Continued ... -
Preschooling necessary, say state leaders
Inadequate preschooling is causing Michigan students to fall behind early, making it harder to develop the talented workforce needed for the state to be competitive, business leaders said Wednesday.
Continued ... -
U.P. wildfire destroys 115 structures
The Michigan Department of Natural Resources said Wednesday the wildfires in Luce County's Duck Lake area is 55 percent contained.
Continued ... - May 30, 2012
-
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.
Continued ... - May 29, 2012
-
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.
Continued ... -
Canada pledges $17.5 million in fight against Asian carp
Canada said Monday it will devote $17.5 million to protecting the Great Lakes from Asian carp, including development of an early warning system with U.S. agencies so authorities can react quickly if the invasive species is detected.
Continued ... -
Michigan in Brief: 05/29/2012
Man on the run for a week is captured; 100s turn out for for POW service; Detroit's new CFO takes reins; Twins will stick together at Harvard
Continued ... - May 28, 2012
-
Light rain, more aircraft aid wildfire fight
A bit of rain and four more aircraft helped Michigan authorities in their attempts to contain a wildfire that has consumed 31.6 square miles of Upper Peninsula forest and destroyed at least 61 buildings, an official said Sunday.
Continued ... - May 27, 2012
-
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.
Continued ... -
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.
Continued ... -
500 businesses register to sell fireworks
A new law is sparking fireworks sales — and the Michigan economy.
Continued ... -
Michigan in Brief: 05/27/2012
Body of teen kayaker found; Museums: Military families get in free
Continued ...
-
EPA creates Great Lakes board
Bear Interrupts Graduation Ceremony
Kim K. Gets Wet and Wild
Royal family's home movies
Theron Sparkles in Strapless Mini
Rats with injured spines walk again
'True Blood,' Naked Bods and Anna's Baby!
Raw Video: Truck Slams Into Minn. Bar
Did Hef Reconcile With Ex-Fiancee?
Edwards Not Guilty on 1 Count Mistrial on Others
Bush brings sense of humor back to White House
Kathie Lee Gifford's Big Mistake
Ex-Rutgers Student Dharun Ravi Starts Jail Time
Katy Perry Goes Makeup-Free
Inside Emily Blunt's Stunning Shoot
Teacher falls prey to students' antics
Texas Student Hit by Bus: Caught on Tape
Houston waiter gets $5,000 tip
Rihanna's Racy Mesh Bikini
On tape: truck crashes into bar
Anne Hathaway Stars in Les Miserables Trailer
