Three Ford execs departing

Oct. 11, 2005 at 10:09 PM
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DEARBORN, Mich., Oct. 11 (UPI) -- Ford Motor Co. has announced that three of its top executives are leaving.

Phil Martens, group vice president and head of North American product creation, and Matt DeMars, vice president of North American operations, resigned Monday, the Detroit News reported. The newspaper said that sources at the company say that a longtime manufacturing executive, Roman Krygier, plans to retire at the end of the year.

Bill Ford Jr., the company's CEO, recently promoted Mark Fields to be executive vice president and president of the Americas division. They are reportedly planning a management shakeup.

"Bill Ford and Mark Fields have made an assessment of the management team in the Americas, and we expect they will review certain leadership changes with our board in the very near future," Oscar Suris, a Ford spokesman, said.

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