-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FQENmM+cNhQqRtPT1aLnpiOaNGYpktuehBmwoRRDBnJZFZSJyyvKC4cWD8s4A1rt rdBLIbW0ZQFsrvK+AFxObw== 0000037996-96-000033.txt : 19961011 0000037996-96-000033.hdr.sgml : 19961011 ACCESSION NUMBER: 0000037996-96-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19961010 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19961010 SROS: NYSE SROS: PSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: FORD MOTOR CO CENTRAL INDEX KEY: 0000037996 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 380549190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03950 FILM NUMBER: 96641874 BUSINESS ADDRESS: STREET 1: THE AMERICAN RD CITY: DEARBORN STATE: MI ZIP: 48121 BUSINESS PHONE: 3133223000 8-K 1 NEWS RELEASE SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report October 10, 1996 ---------------- (Date of earliest event reported) FORD MOTOR COMPANY ------------------ (Exact name of registrant as specified in its charter) Delaware -------- (State or other jurisdiction of incorporation) 1-3950 38-0549190 ------ ---------- (Commission File Number) (IRS Employer Identification No.) The American Road, Dearborn, Michigan 48121 -------------------------------------- ----- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 313-322-3000 ------------ Item 5. Other Events. - --------------------- News release dated October 10, 1996, filed as Exhibit 20 to this Current Report on Form 8-K, is incorporated by reference herein. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. - --------------------------------------------------------------------------- EXHIBITS -------- Designation Description Method of Filing - ----------- ----------- ---------------- Exhibit 20 News release dated Filed with this Report. October 10, 1996. SIGNATURE --------- Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized on the date indicated. FORD MOTOR COMPANY ------------------ (Registrant) Date: October 10, 1996 By:/s/Thomas J. DeZure Thomas J. DeZure Assistant Secretary EXHIBIT INDEX ------------- DESIGNATION DESCRIPTION PAGE Exhibit 20 News release dated October 10, 1996. EX-20 2 NEWS RELEASE IMMEDIATE RELEASE Contact: Jon Harmon Pam Kueber (313) 322-3436 (313) 248-9037 FORD STREAMLINES COMPONENTS BUSINESS AND PRODUCT DEVELOPMENT; HAGENLOCKER, BOOKER NAMED VICE CHAIRMEN; NASSER TO FAO PRESIDENT; DEVINE EXECUTIVE VP DEARBORN, Mich., Oct. 10 -- Ford Motor Company today announced a series of actions designed to build on progress to date and accelerate the transformation of the company under Ford 2000. In an e-mail message to employees, Ford Chairman and Chief Executive Officer Alex Trotman said that the company will streamline its component operations into a single enterprise to make them more competitive in the worldwide automotive components industry. He also said that the company will simplify its product development structure following the planned reduction of vehicle platforms by 50 percent. "With these moves, we can build on the momentum of Ford 2000 and accelerate actions required for the company to achieve our quality and cost goals more quickly," Trotman told employees today. "We have come a long way since Ford 2000 was announced, but we all recognize we have further to travel," Trotman said. "In 1995, we formed the basic organization for Ford 2000. In 1996, we've gained momentum. In 1997, we must accelerate the actions required to make us even more competitive." 2 Ford will group its components operations in a new organization -- Automotive Products Operations -- and align its senior management accordingly. The company also will simplify its Product Development organization further to expedite its efforts to improve quality, reduce costs and enhance its ability to react quickly to changing market conditions and customer demands. These alignments are "a natural evolution in the continuing change we are bringing about at Ford to make it the most effective and efficient enterprise we can," said Trotman. "We are separating the automotive components business from Ford Automotive Operations to focus senior management attention on making it more competitive in its own right. I have asked Ed Hagenlocker to take on the crucial assignment of making this happen." The management moves include the election of Hagenlocker as a vice chairman of the company. He will oversee an organization that includes automotive components, land development, technical affairs and rental car operations. His successor as president - Ford Automotive Operations is Jacques Nasser, who also becomes an executive vice president and chairman, Ford of Europe. Wayne Booker also has been elected a vice chairman of the company, with continuing responsibility for business development in growth markets. Booker has led the company's recent drive into China, Southeast Asia and India -- these and other growth markets will become increasingly important to the company in coming years, Trotman said. John Devine has been elected an executive vice president and remains chief financial officer. FORD SIMPLIFIES, STREAMLINES PRODUCT DEVELOPMENT Ford's Product Development Group also was newly aligned today with 11 vehicle line directors grouped into three Vehicle Centers. Jim Englehart has been elected group vice president - Product Development, succeeding Nasser. The three Vehicle Centers will be headed by Ford vice presidents Jim Donaldson (Truck), Richard Parry-Jones (Small and Medium Car), and Ken Kohrs (Large and Luxury Car). 3 Neil Ressler remains vice president - Advanced Vehicle Technology, and Jack Telnack remains vice president - Design. Ford vice president Ken Dabrowski has been named head of Quality and Process Leadership, a new position which combines two present FAO organizations and is designed to add focus to processes that improve quality. Martin Inglis has been elected vice president - Product and Business Strategy. "We have been able to simplify and streamline the organizational structure now that we are reducing our vehicle platforms by 50 percent," Trotman said. "Using the 16 vehicle platforms and at the same time increasing the number of derivatives, we can provide a broader array of vehicles for customers in many more markets. This simplified product system will help us intensify efforts to improve quality and lower costs. The winners should be our customers and our shareholders." NEW AUTOMOTIVE PRODUCTS MANAGEMENT Automotive Products Operations will be headed by Charlie Szuluk, who has been elected a group vice president, reporting to Hagenlocker. Szuluk will oversee four major divisions - Automotive Components, Chassis, Electrical and Fuel Handling, and Glass. Bob Womac is elected vice president - Automotive Components Division, succeeding Frank Macher who has decided to retire. Also reporting to Hagenlocker will be the Technical Affairs activity led by Ford vice president John McTague. Technical Affairs includes Research, headed by Bill Powers, and Environmental and Safety Engineering, headed by Helen Petrauskas. "Increasingly, Ford 2000 has become the way we conduct our normal business, rather than a separate initiative," Trotman continued. "Overall, I'm pleased with our progress so far and I'm grateful for the dedicated efforts of everyone at Ford to change this company and move it forward. We have all worked hard, and together, we have made much progress. Real change is never easy." Trotman closed his letter by thanking employees for their dedication and loyalty. 4 Meetings with employees are being held today, tomorrow and next week in a major communications effort to ensure full understanding of the new alignments and appointments. All appointments and elections are effective Nov. 1, 1996. * * * MEDIA ADVISORY: Ford Chairman Alex Trotman will be available to answer questions about this announcement today at noon, in the media center at Ford's World Headquarters in Dearborn, Mich. Media should park in front of the building; satellite trucks may park along the east entrance. LISTEN-IN: Media who cannot attend can call in to a listen-only telephone line, (313) 390-9053. PHOTOS: Photographs of the executives listed in this release can be downloaded, at no charge, from the Wieck Photo DataBase. Call (214) 392-0888. The photos, along with additional information about today's announcements, can be found on Ford's media website, available to registered media. # # # 10-10-96 -----END PRIVACY-ENHANCED MESSAGE-----