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RESHUFFLE 2 Top Ford Finance Execs Retiring William Thomas Cain / Getty Images

2 Top Ford Finance Execs Retiring

Two top financial leaders at Ford Motor Co.—who are both credited with leading the company’s comeback—are leaving, Ford announced Thursday. Chief Financial Officer Lewis Booth, who led the company through the 2008 banking crisis and helped repay its debt, and global product development chief Derrik Kuzak, who is credited with shifting Ford’s focus from trucks to cars, will retire effective April 1. Ford CEO Alan Mulally is staying and he said he has no plans to retire. Mulally, who said Ford has a succession plan for every management position, has already named Comptroller Bob Shanks to replace Booth and engineering chief Raj Nair to replace Kuzak.

February 9, 2012 9:41 AM