Ford Motor Co., the $172.5 billion auto maker based in Dearborn, Mich., named Lewis W.K. Booth executive vice president and CFO. Booth, 59, succeeds Donat R. LeClair, 56, who retired on Nov. 1. Booth joined Ford in 1978 as a financial analyst at Ford of Europe, and has since held a variety of positions around the world. In October 2005 became executive vice president and chairman of Volvo and Ford of Europe. He also served as executive vice president of Ford's Premier Automotive Group.
American International Group Inc., the $110 billion insurer based in New York that was bailed out by the federal government, appointed David L. Herzog executive vice president and CFO. Herzog, 48, replaces Steven J. Bensinger, 53, who left the company to pursue other opportunities after serving as acting CFO since May. Herzog joined the company in February 2000 and held a variety of financial and management leadership roles before becoming senior vice president and comptroller in June 2005.