Michael L. Seneski
Chair, Term: 2015-2017
Director of Mobility
Ford Motor Company
Michael Seneski is Director of Mobility at Ford Motor Company. He is responsible for the creation of new service-related enterprises globally. Previously, he was Director of Corporate Strategy at Ford, responsible for coordinating the business direction of the company including its strategic planning process.
From 2011 to 2015, Mr. Seneski was Chief Financial Officer and Treasurer of Ford Motor Credit Company, one of the largest captive financial companies in the world. Seneski was a key component in managing the world-class operations of the Credit company, including best-in-class risk management, operating cost efficiency and funding diversification and competitiveness. He was also responsible for leading Ford Credit’s capital strategy, including its leverage, liquidity, regulatory review, capital stress-testing, and strategic investment efforts. In addition to managing his Global Finance and Accounting teams (and corresponding corporate and regulatory reporting), he also managed a global Treasury organization responsible for about $30 billion per year in public funding. He oversaw numerous innovations in the funding space, including unique liquidity structures in the US and Europe, a convertible ABS-to-unsecured structure in the US, term-funding retail ABS in the US, and ABS and unsecured funding in China.
Prior to his CFO role, Mr. Seneski served as Controller, Global and U.S. Marketing and Sales, Ford Motor Company responsible for all Pricing, Net Revenue, Fixed Marketing and Dealer Financial Operations.
Prior to Marketing and Sales, Seneski served as Assistant Treasurer, Ford Motor Company responsible for Corporate Financial Strategy, Risk Management, Treasury Operations, Treasury IT, and global Affiliate treasury oversight. He led critical roles in the financial crisis strategy, including debt buy-back, equity and convertible debt offering, and UAW health care outsourcing. He also played key roles in global divestiture efforts.
Seneski joined Ford Motor Company in 1989 and has held a number of management positions in the North American and Asia Pacific regions. In addition to the experiences noted above, he has management experience in Product Development, Manufacturing, and Customer Service.
In addition to his roles with Ford Motor Company, Mr. Seneski also is the Chairman of the Federal Reserve Bank of Chicago – Detroit Branch, Board of Directors, as well as Vice President of the Michigan State University Broad Alumni Board.
He received a bachelor’s degree in general business administration from Michigan State University in 1987 and a master’s in business administration from the Haas School of Business at the University of California, Berkeley in 1989.