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Ford names Sam Wu as new CEO for Ford China

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© Reuters. FILE PHOTO: People walk by a Ford Escape SUV displayed during the media day for the Shanghai auto show in Shanghai, China April 16, 2019. REUTERS/Aly Song

(Reuters) – Ford Motor (NYSE:) Co said on Thursday Sam Wu managing director and COO of Ford joint venture in China has been named as its chief executive and president.

Anning Chen the current president and chief executive of Ford China will retire on Oct. 1 and Wu’s assignment will begin on March 1, the company said in a statement.

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