DETROIT -- Ford Motor Co. is promoting Anne Stevens to COO of the Americas, the company said Thursday. She will oversee core operations, including product development, manufacturing and purchasing.
Stevens, 56, also will become a corporate executive vice president and report to Mark Fields, 44, who became president of the Americas in September. Fields is charged with turning around Ford's struggling North American business, which posted a $907 million pretax loss in the second quarter.
The Stevens promotion is among a raft of management changes that Ford confirmed on Thursday.
"I have asked Mark Fields to do what's necessary to turn around our North American automotive operations," Ford Motor CEO Bill Ford said in a prepared statement. "I fully expect the leadership team he has put in place today for the Americas will drive a turnaround and return a critical part of our business to a sustained level of profitability."
The appointments followed the unexpected departure of two key executives this week. Phil Martens, group vice president of product creation, and Matt DeMars, vice president of North America vehicle operations, resigned to take high-level posts at Plastech Engineered Products Inc.
Ford Motor announced their replacements, among other changes.
The appointments are effective Nov. 1, Ford Motor said.
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