NEWS
Silverstone Appointed Chief Operating Officer of Ford Motor
Credit Company
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Bernard Silverstone, president, Marketing and Sales, Ford Motor Credit Company, has been
appointed chief operating officer, Ford Motor Credit Company, and elected a corporate
officer of Ford Motor Company, effective Jan. 1, 2012
DEARBORN, Mich., Nov. 16, 2011 – Ford Motor Company and Ford Motor Credit Company
today announced that Bernard Silverstone has been appointed chief operating officer, Ford
Motor Credit Company, and has been elected a Ford corporate officer, effective Jan. 1, 2012.
Currently, Silverstone is president of Marketing and Sales for Ford Credit.
In the newly created position, Silverstone, 56, will lead Ford Credit’s operations in its four global
regions, North America, Europe, Asia Pacific and Africa, and Latin America. He’ll also lead
marketing, sales and brand, business center operations, quality and process management, and
insurance operations. He will continue to report to Mike Bannister, Ford executive vice president
and Ford Credit chairman and CEO.
“Bernard’s global operating experience and deep knowledge of the financing business will serve
us well as Ford Credit grows its business to support Ford’s growth plans,” said Bannister. “He’ll
sharpen our focus on further aligning our operations globally, and provide strong leadership as
we continue to profitably support Ford, its dealers and customers.”
Currently, Silverstone is responsible for Ford Credit’s marketing and sales operations globally,
as well as having senior management responsibility for International Operations, which covers
all Ford Credit business units outside the U.S. and Canada. Previously, he was chairman of
Ford Credit Europe.
Silverstone has been with Ford Credit for 32 years, joining Ford Credit Britain as a field
representative. He has held a wide variety of staff, operations and leadership positions in the
U.S., the UK and Australia, and had regional responsibilities for various European and Asia
Pacific operations.
“Ford Credit’s prudent lending practices, superior servicing and strong business fundamentals
ensure reliable support for Ford, dealers and customers through all economic cycles,” said
Bannister. “With a keen focus on our dealers, customers and investors, Bernard will play a key
role as we deliver even more to all our stakeholders.”
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About Ford Motor Company and Ford Motor Credit Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or
distributes automobiles across six continents. With about 166,000 employees and about 70 plants
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worldwide, the company’s automotive brands include Ford and Lincoln. Ford Motor Credit Company LLC
is a leading global automotive financial services company and a wholly owned subsidiary of Ford. It has
provided dealer and customer financing to support the sale of Ford Motor Company products since 1959.
For more information regarding Ford’s products, please visit www.ford.com. For more information on Ford
Credit, visit www.fordcredit.com or www.lincolnafs.com.
Contact:
Margaret Mellott
Ford Credit
313.322.5393
mmellott@ford.com
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For news releases, related materials and high-resolution photos and video, visit www.media.ford.com.
Follow at www.facebook.com/ford, www.twitter.com/ford or www.youtube.com/fordvideo1