Ford Motor Co. is losing top-level executive talent in its finance ranks.
Ann Marie Petach, who has served as Ford's vice president of finance and treasurer since April 2005, submitted her resignation on Friday, according to a person familiar with the situation.
Petach, who joined Ford in 1984 as a financial analyst in the electronics division, has accepted a high-ranking position at Black Rock, Inc., in New York, a provider of global investment management, risk management and advisory services to institutional and retail clients around the world.Also departing: James C. Gouin, who has served as vice president of finance, strategy and business development for international operations at Ford, since September. His future plans remain unclear.
Ford spokespeople said they could not confirm the moves Monday afternoon.
Petach played a crucial role in overseeing Ford's more than $25 billion financing package, which will carry the automaker through the 2009, when Ford aims to become profitable again in its troubled North American division.
She reported to Don Leclair, executive vice president and chief financial officer at Ford, and holds a bachelor's degree in business and Spanish from Muhlenburg College and a master of business administration from Carnegie-Mellon University.
Gouin holds a bachelor's degree in business administration from Detroit Institute of Technology and an MBA in finance from the University of Detroit.
3 comments:
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And why shouldn't these peopple leave? Work can be bloody exasperating and frustrating, and do a lot to destroy your overall happiness.
WORK TO LIVE, NOT LIVE TO WORK.
If these lucky people can afford to quit their jobs and tell their bosses to go stick it, GOOD ON THEM!
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