Ford shuffles senior management team

European boss
Changes impacting the brand's European business include Stephen Odell, Ford vice president and CEO of Volvo Cars, taking over as vice president and chairman and CEO of Ford of Europe, replacing John Fleming who takes on the head of global manufacturing role.

Stuart Rowley, currently chief financial officer of Volvo Cars, is appointed chief financial officer, Ford of Europe.

Odell led the restructuring and financial turnaround at Volvo, where he has been president since October 2008.

Before leading Volvo, Odell served as vice president and chief operating officer of Ford of Europe and, before that, vice president of marketing, sales and service, Ford of Europe. He joined Ford of Britain in 1980 as a graduate trainee.

Volvo appointments
Meanwwhile Geely has announced that Li Shufu will become Chairman of the Board at Volvo Car Corporation and Hans-Olov Olsson has been named as vice-chairman.

Olsson is the former president and chief executive of the Swedish carmaker.

A statement from Geely said: "Under the proposed change of ownership, Volvo Cars will remain headquartered in Gothenburg, Sweden, with management autonomy to execute on its business plan.

"As part of that business plan, Volvo Cars aims to strengthen its presence in Europe and North America, while exploiting new growth opportunities in China."

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