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.

The Procter & Gamble Co., the $83.5 billion maker of household products based in Cincinnati, Ohio, named Jon R. Moeller CFO effective, Jan. 1. Moeller, 44, succeeds Clayton C. Daley Jr., 56, who is stepping down from his positions as vice chairman and CFO after 35 years with the company. Moeller joined Procter & Gamble in September of 1988 and held a number of financial and management leadership positions before being named vice president and treasurer in 2007.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.