Company Website:
http://corporate.ford.com/
DEARBORN, Mich. -- (Business Wire)
Ford Motor Company (NYSE: F) announced today the election of William E.
Kennard to the company’s board of directors. Kennard’s appointment is
effective Jan. 1, 2015.
In addition, long-time Ford board member Dr. Homer Neal has elected to
leave the board, effective Dec. 31, after serving 18 years.
Kennard, 57, is the former chairman of the U.S. Federal Communications
Commission (FCC) and former U.S. Ambassador to the European Union. He
currently is chairman and co-founder of Velocitas Partners LLC, an asset
management firm, and a member of the Operating Executive Board of Staple
Street Capital, a private equity firm. He serves on the boards of
directors of AT&T Inc., MetLife and Duke Energy Corporation.
“Bill has a wealth of experience, particularly in telecommunications,
where he has spent years shaping policy and pioneering initiatives to
improve the benefits of technology for consumers worldwide,” said Ford
Executive Chairman Bill Ford. “As we accelerate our work in the areas of
in-car connectivity and mobility, his unique perspective will help guide
our strategy and Blueprint for Mobility forward.”
Kennard will serve on the Ford board of directors’ Nominating and
Governance Committee.
His career spans more than three decades in law, telecommunications and
private equity. Before his appointment as FCC chairman in 1997, Kennard
served as the FCC’s general counsel from 1993 to 1997. As U.S.
Ambassador to the European Union from 2009 to 2013, he worked to
eliminate regulatory barriers to commerce and to promote transatlantic
trade, investment and job creation.
In addition to his public service, Kennard was from 2001 to 2009 a
managing director of The Carlyle Group, where he led the firm’s
investments in the telecommunications and media sectors. He also has
served on several boards in the fields of telecommunications and media,
insurance and energy, as well as on the boards of various non-profit
organizations. He currently serves as a Fellow of the Yale Corporation
and is a member of Secretary of State John Kerry’s Foreign Affairs
Policy Board.
Kennard is a graduate of Stanford University and Yale Law School.
Dr. Homer Neal
Since being elected to the Ford board of directors on Jan. 1, 1997, Dr.
Neal served as chairman of the Sustainability Committee and as a member
of the Nominating and Governance Committee. He also served as a member
of the board of managers of Ford Global Technologies, LLC, a
wholly-owned entity that manages the company’s intellectual property.
“Homer’s research and development knowledge and deep technical skill
have proven to be extremely valuable to us, especially in helping to
strengthen our sustainability vision and strategy over the years,” said
Ford Executive Chairman Bill Ford. “We are grateful for his many
contributions during his 18 years of service and we wish him all the
best.”
Dr. Neal, having reached mandatory retirement age, is leaving the board
before his term ends in May to focus on his increasing obligations as
president-elect of the American Physical Society, as well as his work
with the University of Michigan where he has served as Chair of the
Department of Physics, Vice President for Research, Interim President
and University Distinguished Professor.
Current board member Bill Helman will replace Neal as chairman of the
Sustainability Committee.
Reference Information
-
For biographical information and photos of William Kennard, click here.
-
For biographical information and photos of Dr. Homer Neal, click here.
About Ford Motor Company
Ford
Motor Company, a global automotive industry leader based in
Dearborn, Michigan, manufactures or distributes automobiles across six
continents. With about 189,000 employees and 65 plants worldwide, the
company’s automotive brands include Ford and Lincoln. The company
provides financial services through Ford Motor Credit Company. For more
information regarding Ford and its products worldwide, please visit http://corporate.ford.com.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
Contacts:
Ford Motor Company
Susan Krusel
313.322.7998
skrusel@ford.com
Source: Ford Motor Company
© 2024 Canjex Publishing Ltd. All rights reserved.