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BILL HAYDEN TO RETIRE FROM JAGUAR

 BILL HAYDEN TO RETIRE FROM JAGUAR
 MAHWAH, N.J., March 25 /PRNewswire/ -- Jaguar Cars Ltd. announced


today that its chairman and chief executive William J. Hayden CBE, is to retire at the end of March. He will be succeeded by Nick Scheele, currently vice chairman of Jaguar.
 Widely regarded as one of the outstanding European automotive executives of his generation, Bill Hayden retires after over forty years of distinguished service with Ford Motor Company.
 "He has made a remarkable contribution to Ford in Europe over a span of four decades", said Harold A. Poling, chairman and chief executive officer of the Ford Motor Company in Detroit today. "And for the past two years he has devoted his efforts to Jaguar, bringing his tenacity and vision to helping the company meet the challenge of today's competitive environment. We will miss his determination, dedication and talent. But the legacy he leaves at Ford of Europe and Jaguar will serve both well for years to come."
 President of Jaguar Cars Inc., Michael H. Dale, paid tribute to the contributions Bill Hayden has made to the company: "Under Bill Hayden's leadership, groundwork has been laid for fulfilling Jaguar's potential. Our quality and efficiency have been significantly improved and our customers are already benefiting from his determined efforts. It has been a privilege to work with him."
 Following Ford's purchase of Jaguar, Bill Hayden joined the luxury car manufacturer in March 1990 as chief executive officer and was appointed chairman in July of the same year.
 -0- 3/25/92
 /CONTACT: John Crawford of Jaguar Cars, 201-818-8149/ CO: Jaguar Cars Ltd. ST: New Jersey IN: AUT SU: PER


TS -- NY029 -- 1478 03/25/92 11:29 EST
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Publication:PR Newswire
Date:Mar 25, 1992
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