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Ford (F) Announces Retirement of FMCC CEO Silverstone

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Ford Credit Chairman and CEO Bernard Silverstone to Retire After 37 Years; Joy Falotico Named as Successor

August 30, 2016 9:04 AM EDT

Bernard Silverstone to retire as Ford group vice president and chairman and chief executive officer of Ford Motor Credit Company, after 37 years of service Joy Falotico is named Ford group vice president and chairman and chief executive officer, Ford Motor Credit Company

DEARBORN, Mich.--(BUSINESS WIRE)-- Ford Motor Company today announced that Bernard Silverstone, Ford group vice president and chairman and chief executive officer of Ford Motor Credit Company, has elected to retire effective Oct. 1, after 37 years of service.

Silverstone, 60, will be succeeded by Joy... More