He is a very smart guy, and he'll be a constructive presence on the board. He becomes an insider and a representative of a major investor.
We are in a very competitive telecommunications market in Texas, so it was only natural that we would ask our auditing firm what it was doing for a major competitor of ours.
What this really says is that major surgery is required. Doing nothing is not an option. It's change or die.
This is a major restructuring. The people inside of Ford basically believe they are betting their company on this restructuring.
Ford views Monday's announcement as the last restructuring in the sense that they may not have a chance to do something more after this. It's one of the major pivot points in their history.