August 4, 2020

Ford announces new CEO as it eyes bigger electric push

New York (AFP) – Ford announced Tuesday that Jim Hackett would resign as chief executive and be replaced by longtime auto executive Jim Farley as the car giant pushes further into digital and electric investment.Hackett, 65, will hand over the job to Farley, 58, on October 1, but stay on as a special advisor through March 2021. Farley joined Ford in 2007 after a long tenure at Toyota and currently serves as chief operating officer.Hackett joined Ford in 2017 from furniture company Steelcase and was known for his skills in turning around struggling organizaitons.Hackett has overseen some major …

source https://this.kiji.is/en/663384246608200801?c=648607265489716321

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