Ford Motor Company (NYSE:F) appoints new president for Africa, Middle East region


Dallas, Texas 08/27/2013 (Financialstrend) – It had recently been announced by Ford Motor Company (NYSE:F) that Jim Benintende to be the President of its operations in the regions of Africa and Middle East to be effective from September 01, 2013. Further, he would be reporting to the executive vice president and president of operations for the regions of Europe, Africa and Middle East, Stephen Odell. He would thereby take up the responsibility of development of business operations of the company in these regions and would be in charge of developing the business plans for the operations.

Further, Jim Benintende would be responsible to put forward an effective organizational structure to enable effective growth of Ford Motor Company (NYSE:F) in the two regions. The new head had commented that he was delighted to take up this responsibility in the region and assured that he would work towards the growth of the businesses in the region. He further added that effective steps would be taken up to ensure that company would stay true to the principles of providing efficient protection to the active and supportive development of the local community members in the two regions of Asia and Middle East.

Ford Motor Company (NYSE:F) had proved to present decrease in share prices by 0.24% on Monday and had thereby closed the trading session at $16.41 per share. The stock was observed fluctuate during the day to present intraday prices moving in the range of $16.38 to $16.62 per share on Monday, while the stock had recorded 52 week low at $9.25 per share and 52 week high at $17.67 per share. Further, the stock’s trading volume on Monday was reported to be at 24.79 million shares while for the past 30 days the stock had reported average trading volume at 34.56 million shares per day.