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Kuzak, Booth Stepping Down at Ford but Mulally Says “No Plans to Retire.”

Shake-up to have no impact on One Ford strategy.

by on Feb.09, 2012

Ford's Derrick Kuzak oversaw the unusual step of announcing a joint venture with Toyota -- whose Takeshi Uchiyamada is shown here.

Two of the most senior and respected members of the Ford Motor Co. management team will retire, the maker announced this morning, but CEO Alan Mulally stressed that he himself has “no plans to retire,” and insisted the executive shake-up will have no measurable impact on the way the Detroit maker operates.

Nonetheless, the 65-year-old Mulally made it clear that he is quietly grooming the next generation of Ford managers, including the executive who will eventually succeed him.

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This morning’s announcements involve a number of senior members of Ford’s management – but also sees a new name join the group, the company’s Board of Directors electing former Republican Presidential candidate Jon Huntsman to their ranks.