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FORD PRESIDENT TO RETIRE

 FORD PRESIDENT TO RETIRE
 DEARBORN, Mich., Nov. 12 /PRNewswire/ -- Philip E. Benton Jr.,


president and chief operating officer - Ford Motor Company (NYSE: F), has announced his intention to retire effective Jan. 1, 1993.
 In making the announcement, Harold A. Poling, Ford chairman and chief executive officer said: "For more than 39 years, Phil has served the company with dedication and distinction and, in the process, has earned the respect, admiration and friendship of his colleagues and associates throughout the world, both inside and outside the company. His fine business mind and his straightforward interpersonal skills allowed him to make substantial contributions to Ford, its dealers and employees over his entire career.
 "He has held numerous management positions in every major area of the company, giving him broad experience and a global perspective and vision that have been key to his success as president and chief operating officer. Even during the difficult business conditions that we have faced recently, he continued to encourage the entire organization to think about and prepare for the future, always questioning and probing to ensure the right preparations are being made to assure Ford's continuing success and leadership 10 years down the road.
 "Among his many achievements, Phil was a leader in launching two new and successful organizations within the company, the Ford Customer Service Division in 1971 and the Ford Automotive Group in 1987. He was elected a company vice president in 1977 and has been a member of the Board of Directors since 1985.
 "We will miss his many contributions, as well as his foresight and wise counsel, and we wish Phil and Mary Ann the very best in a long and happy retirement."
 -0- 11/12/92
 /NOTE TO EDITORS: Brief biography to follow.
 PHILIP E. BENTON JR. -- Born on Dec. 31, 1928 in Charlottesville, Va. He earned a bachelor's degree from Dartmouth College and a master's degree from the Amos Tuck School of Business Administration at Dartmouth. He joined Ford in 1953 as a cost analyst and held a number of positions including sales programming manager and assistant controller, before being named general manager of the Industrial and Chemical products Division in 1967. He became the first general manager of the Ford Customer Service Division in 1971, executive director of Ford North American Marketing Operations in 1974, and general manager of the Ford Parts and Service Division in 1975. He was elected a vice president of the company in 1977 and appointed vice president - Truck Operations, Ford of Europe. He was appointed vice president - general manager, Ford Division in 1979 and vice president, North American Sales Operations in 1981. He was elected to the Board of Directors on Feb. 1, 1985 and appointed executive vice president, Diversified Products Operations. He became executive vice president - International Automotive Operations on April 1, 1986 and president - Ford Automotive Group on Oct. 13, 1987. He was named president chief operating officer on March 1, 1990.
 CONTACT: Gene Koch of Ford, 313-322-9600/
 (F) CO: Ford Motor Company ST: Michigan IN: AUT SU: PER


DH -- DE005 -- 0030 11/12/92 09:10 EST
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Publication:PR Newswire
Date:Nov 12, 1992
Words:515
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