Ford rearranges exec duties

Wallace to retire

DETROIT -- Ford Motor Co. continued to shuffle its executive ranks Thursday by giving purchasing chief Carlos Mazzorin additional responsibilities for Asia Pacific operations and putting Richard Parry-Jones in charge of setting strategy for Mazda Motor Corp.

The changes were prompted by the announced retirement of Henry Wallace, 56, who was group vice president of Mazda and Ford Asia Pacific. Wallace's retirement takes effect Jan. 1.

Mazzorin continues as group vice president of Ford's global purchasing operations and South American operations. Mazzorin, 60, joined Ford in 1972.

Parry-Jones also keeps his duties as Ford's group vice president, product development, and chief technical officer. Mark Fields continues as Mazda's president. Parry-Jones, 50, joined Ford in 1973.

Last week, Ford gave Parry-Jones the responsibility of product development for the Premier Automotive Group.

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