Lord Trotman provided support to a couple of Treasury initiatives over the past few years: he was first chairman of the Cambridge-MIT Institute, from 2000 to end 2004; he also ran a review for HMT on support for enterprise from July 1999 to Budget 2000.
‘Visionary’ Ford ex-chairman dies
The man credited with changing the fortunes of Ford Motor Company, UK-born Alex Trotman, has died aged 71. Lord Trotman, who stepped down as Ford’s chairman in 1999 after 43 years at the company, died in Yorkshire after a brief illness. In a news release, Ford said it did not know the cause of his death.
“Alex was a great friend, colleague and leader of the extended family of Ford employees around the world,” said chairman and chief executive Bill Ford.
Knighted by the Queen in 1996 and acquiring the title Lord Trotman of Osmotherly in 1999, Lord Trotman became chief executive in 1993, two years after Ford posted a then-record loss of £1.25bn (£2.3bn). He directed the 1995 launch of Ford 2000, a restructuring plan that included the consolidation of the Dearborn-based carmaker’s North American and European operations. Under Ford 2000, the company cut £2.75bn ($5bn) in costs by having more vehicles share major components and by squeezing suppliers for lower prices. “He was the driving force behind a vast array of visionary changes in Ford Motor Company’s global management and innovative products,” added Mr Ford. Lord Trotman’s career at Ford saw him in a variety of positions throughout Europe, North America and Asia-Pacific. He was succeeded by Jacques Nasser as chief executive and by Bill Ford as chairman.