There have been a number of retirements at The Blue Oval this year, as Hau Thai-Tang and Frederick Toney departed the automaker after both spent many decades at the company. They won’t be the only veterans to depart in 2022 however, as Ford Credit CFO Brian Schaaf has elected to retire in December, with Eliane Okamura being named as his replacement.
Brian Schaaf currently serves as chief financial officer, treasurer, and executive vice president of strategy at Ford Credit and will retire effective December 1st, 2022. His 33 year career at Ford began in 1989 and he occupied various positions at The Blue Oval in the United States and the U.K. over the years, including general auditor, controller, and assistant treasurer. Schaaf has served as Ford Credit CFO since 2018.
“Brian has been an incredible leader, including through the extraordinary business conditions resulting from the pandemic,” said Marion Harris, Ford Credit CEO. “His thoughtful approach to the business and deep industry expertise have helped us shape plans and strategies that are developing Ford Credit into a reason people choose and stay with Ford. I’m proud to have been his friend and colleague for more than 20 years.”
Eliane Okamura will take over for Schaaf, and is herself a veteran Ford employee, having joined the company in 1995. She has occupied a number of diverse positions throughout her time with the automaker, first filling various roles in Brazil and the United States, including treasurer for Ford South America. She joins Ford Credit as the division expands to offering more options for EV buyers, including the launch of Ford Credit Bank, a new institution aimed at helping EV owners finance accessories for their vehicles. That said, the division will still serve Ford Model e and Ford Blue customers alike.