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Continuing Troubles at Ford

With Ford’s stock at under $2.00 a share, their chief financial officer Don Leclair is retiring, according to this report from Marketwatch. Lewis Booth will take over Leclair’s role:

Lewis Booth, who leads Ford of Europe, has been with the company for nearly the same amount of time as Leclair, holding various positions all around the word, including a stint atop the Premier Automotive Group before the Jaguar, Land Rover and Aston Martin line were all sold.
“Lewis’ global experience, track record and many years of leadership in Ford’s finance operations make him the ideal CFO,” Mulally said. “He has proven success integrating Ford of Europe into a profitable, lean and highly efficient operation.”
Hopefully Ford can return to winning ways soon.