Ford of Europe has appointed Volvo boss Stephen Odell as its new chairman and CEO as part of a wider management shake-up at Ford Motor Company.
Odell will succeed John Fleming in the role when Ford’s sale of Volvo to Geely closes, which is expected to happen by the end of September. Fleming will move to head up Ford’s global manufacturing and labour affairs operation.
“Stephen did an outstanding job leading Volvo back to profitability and has a strong record of delivering results for Ford of Europe,” said Ford president and CEO Alan Mulally.
“We are thrilled that he will be returning to lead Ford of Europe to build upon the tremendous foundation of great products and profitable growth we have in the region.”
Odell has been at Ford since 1980 and took his most recent position of Volvo CEO in September 2008. He will be responsible for producing, selling and servicing Ford vehicles in 51 markets, as well as overseeing Ford’s export operations and global growth initiatives.
Fleming will be responsible for 80 Ford plants around the world, as well as providing engineering support for stamping, vehicle and powertrain manufacturing.