Kathleen Gallagher has retired as CIO of the Ford Motor Company after thirty-five years at the automaker.
Erin Rohde, manager of securitization operations and quality assurance, has been appointed Ford’s new investment chief, Gallagher told CIO in an email last week.
Gallagher first joined Ford in 1985 and had served as CIO of the automotive company’s pension plans since 2007. As investment chief, she led the de-risking of the now $41.9 billion corporate pension, shifting the portfolio to a liability-driven investing strategy.
Last year, Gallagher ranked 86th on CIO’s Power 100 list, with recruiters describing her as “thoughtful” and “effective.”
Gallagher’s successor, Rohde, has been at Ford since 2000, serving in various treasury and investment roles. The new CIO previously led foreign exchange and derivatives trading and worked as a fixed-income trader. From 2003 to 2006, she was responsible for Ford’s European pension assets.
Rohde holds bachelor’s and master’s degrees in finance from the University of Michigan’s Stephen M. Ross School of Business.
Related: 2015 Power 100