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The Oldies Are Back.(retired executive Allan Gilmour returns to Ford)(Brief Article)(Interview)

Newsweek International

| June 03, 2002 | COPYRIGHT 2002 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Seven years after retiring as vice chairman of Ford Motor Co., 67-year-old Allan Gilmour has been lured back--as the company's chief financial officer. The reason: the ailing automaker needed an experienced savior. The immediate result: Ford's stock price shot up last week. NEWSWEEK's Keith Naughton spoke with Gilmour:

Bob Lutz ditches retirement for General Motors, then former Wells Fargo chief Carl Reichardt goes to Ford, now you're back. What's with the return of all the graybeards?

I told Bill Ford I assume the reason he and I got in touch is because he saw [Lutz and Reichardt] and said: "I must find somebody younger." I'm two years younger than those guys. But seriously, some of my past experiences of less-than-great times are germane to what's going on now.

How do Ford's tough times ofthe past compare with today's troubles?

We're in considerably better ...

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