From the October 2005 issue of Treasury & Risk magazine

People On The Move

FORD MOTOR CO., THE $171.6 billion automaker based in Dearborn, Mich., named Robert Shanks vice president and controller for the Americas, a region in which the company makes more than half its auto sales. He replaces John Rickel, who resigned for personal reasons. Shanks, 52, most recently was vice president for operations support, finance and strategy for Ford Europe and the Premier Automotive Group. Since joining Ford in 1977, he has served as CFO for Mazda Motor Corp. and led finance functions for Ford's Asia-Pacific operations and for the Ford Lio Ho Motor Co. in Taiwan.

Office Depot Inc., the $13.5 billion office products chain based in Delray Beach, Fla., named Patricia McKay CFO and executive vice president. She succeeds Charles Brown, who was named president of the company's international operations in April. McKay, 47, has served on Office Depot's board since May 2004. She joins the company from Restoration Hardware Inc., the $525.6 million home furnishings chain, where she has been CFO and executive vice president since 2003. Earlier, McKay worked in finance at AutoNation Inc. and Dole Food Co., where her final position was controller and vice president of finance. She started her career as an accountant.


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