By Adriano Marchese

Ford Motor has appointed Cathy O'Callaghan to head the company's customer-focused financial services business.

On Friday, the carmer said that Marion Harris will retire on March 1 as chief executive of Ford Credit, and O'Callaghan, who is Ford's current vice president, controller, and chief accounting officer since June 2018, will succeed him.

O'Callaghan will take on the new role effective Feb 12, after report its fourth-quarter results.

Ford said that O'Callaghan brings a wealth of global financial experience to the position. Before her current role, she was chief financial officer of Ford South America, and also held leadership positions in Ford of Europe, such as finance director for product development and controller of European manufacturing operations and logistics.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 15, 2023 09:37 ET (14:37 GMT)

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