Ford Adviser To Head Cerberus' European Arm

Dec 5 2006 | 11:26am ET

A top adviser to Ford Motor Co. is heading to hedge fund Cerberus Capital Management.

Kenneth Leet, a former top banker at Goldman Sachs, will run New York-based Cerberus’ European investment division. According to published reports, he will remain an adviser to Ford despite his new full-time appointment at Cerberus.

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