Ford of Europe shuffles executives

Ford has announced a reshuffle of some of its top execs and the retirement of two. Chief Technical Officer Gerhard Schmidt and VP of Marketing, Sales and Service for Ford Europe, Ingvar Sviggum, will be retiring on Feb. 1 and Jan. 1, respectively.

Replacing Gerhard is 49 year old Paul Mascarenas, current VP in charge of engineering. He has tough shoes to fill, as Gerhard is the man behind many of Ford”s emerging technologies such as EcoBoost, SYNC, and state-of-the-art diesel engines.

Sviggum will be succeeded by current VP of sales for Ford Europe, Roelant de Waard. Sviggum is also a much valued member of the Ford family.

“Ingvar has made a huge contribution to Ford in his close to half a century of service with our company,” said Stephen Odell, chairman and CEO, Ford of Europe. “He has a wealth of experience and knowledge that is unrivaled and has shown throughout the years a true passion for the business and a talent for leadership.”

There were also a number of other appointments announced that Ford has intended to bolster its Global Product Development as Ford fights to expand into new markets and introduce cutting edge technology across the globe.

– By: Stephen Calogera

Source: Detroit News