Directorate Change
Ford Motor Co
15 December 2003
Contact: Oscar Suris
1.313.322.1524
osuris@ford.com
FORD ELECTS KIMBERLY CASIANO
TO ITS BOARD OF DIRECTORS
DEARBORN, Mich., December 15 - Ford Motor Company (NYSE: F) announced today the
election of Kimberly Casiano, president and chief operating officer of Casiano
Communications, Inc., to the Company's Board of Directors.
'Kim is a respected leader and entrepreneur in the world of magazine publishing
and in the U.S. Hispanic business community,' said Ford Chairman and Chief
Executive Officer Bill Ford. 'We welcome her election to the Board of Directors
and look forward to the significant contributions she will make to our company's
future success.'
Casiano has been leading America's largest and most experienced Hispanic
publisher of periodicals and magazines. The privately owned, San Juan-based
Casiano Communications' titles include Caribbean Business, a weekly business
newspaper covering Caribbean business and industry; IMAGEN, Puerto Rico's
leading lifestyle magazine for women; and Buena Vida, a lifestyle magazine
targeted to affluent Hispanics. In addition to serving markets in the Caribbean,
the company's titles circulate in the U.S. and other international markets.
'The Ford Motor Company is truly a legend in the history of American business,
and to play a leadership role at such an institution is a great honor,' said
Casiano. 'It's a responsibility I look forward to fulfilling, particularly as
the Ford Motor Company continues on as a global industry leader.'
Casiano's election, which is effective immediately, increases the number of
company directors to 15.
A native of New York, Casiano and her family have long held leadership roles
with organizations at the forefront of the U.S. Hispanic community. Her father,
Manuel A. Casiano, Jr., was a founder and board member of ASPIRA, the first
organization established in the U.S. to help Puerto Rican and other Hispanic
youth obtain scholarships. She is a member of the Board of Trustees of the
Hispanic College Fund, a national organization that awards more than 1,500
scholarships each year to Hispanic youth. She also recently concluded an
appointment by the U.S. treasury secretary to the U.S. Savings Bond National
Committee.
A magna cum laude graduate of Princeton University and a Harvard University,
MBA, Casiano is the first Hispanic female to be elected to Ford's Board of
Directors.
Ford Motor Company, headquartered in Dearborn, Mich., is the world's second
largest automaker, with approximately 335,000 employees in 200 markets on six
continents. Its automotive brands include Aston Martin, Ford, Jaguar, Land
Rover, Lincoln, Mazda, Mercury and Volvo. Its automotive-related services
include Ford Credit, Quality Care and Hertz. Ford Motor Company celebrated its
100th anniversary on June 16, 2003.
This information is provided by RNS
The company news service from the London Stock Exchange
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