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New Ford Board Member

DETROIT (AP) - Ford Motor Co. has expanded its board to 14 members by adding Sprint Nextel Corp. Chairman James Hance Jr. as a director.
  

The appointment is effective immediately, the automaker said Thursday. Hance will serve on the board's audit, finance and governance committees.
  

Hance, 65, is non-executive chairman of Sprint Nextel, the nation's third largest wireless services carrier. Sprint is based in Overland Park, Kan.
  

He also is a retired vice chairman and chief financial officer at Bank of America Corp. and serves on the boards of Cousins Properties Inc., Morgan Stanley and Duke Energy Corp.
  

Hance is currently an adviser to the private equity firm The Carlyle Group, and is a trustee at Washington University in St. Louis and Johnson & Wales University in Providence, R.I.
  

In March, Ford added former U.S. House Majority Leader Richard Gephardt and Michigan utility chairman Anthony Earley Jr. to its board.
  

Ford shares rose 5 cents to $10.64 in morning trading Thursday.
  
   (Copyright 2010 by The Associated Press.  All Rights Reserved.)

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