June 18, 2003
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Reichardt Retires From Ford, Remains On Board
|DEARBORN, Mich. - Ford Motor
Company announced the retirement of Carl E. Reichardt as vice chairman of
Ford Motor Company. Reichardt, 71, remains a member of the Ford Motor
Company Board of Directors, on which he has served since 1986, and will
remain chair of the board's Finance Committee.
|Reichardt also will serve as a member of the company's
Financial Advisory Board, and through it will remain involved with
Ford Motor Credit Company, which, as Ford vice chairman, he helped
lead through a dramatic turnaround. Ford Credit now will report to
Allan Gilmour, vice chairman and chief financial officer, Ford Motor
"Working to help right
the direction of this great company has been a gratifying and memorable
experience," said Reichardt. "Under Bill's leadership, the
company is in great hands as it embarks on its second hundred years."
Reichardt became vice chairman of Ford Motor Company in October 2001,
reporting to Bill Ford, who became chief executive officer at that time.
Previously, Reichardt served as chairman and chief executive officer of
Wells Fargo & Company from 1983 through 1994.