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New Ford CEO Cleans House: Replaces CIO, CFO, and CMO

Bronco4lyfe85

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His cousin is Chris Farley? Learn something new everyday.
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Pancho Kornwallace

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That’s part of the problem. The former ceo who stepped down yesterday came to ford with a background in furniture. The new ceo as of today while he might be the cousin of the late great Chris Farley, he at least had an automotive background
The "Former CEO" is Jim Hackett. He is almost personally responsible for the Bronco getting approved as the Bronco that we want and not a Blazer. He pushed for what you see right now right down to the "Bronco Bolt" to allow for customization.

Also, Jim Farley has been around for a while as the #2 and this succession plan including the Oct 1st date has been known to the public for a while.
 

mkennedy009

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Nah. This looks to be a continuation of change started in 2017:
In August, "Ford Announces Jim Hackett to Retire as President and CEO; Jim Farley to Succeed Hackett as Company Continues Transformation"
In the article, Jim has been in charge of the changes since 2017.

US Car companies are notoriously slow at change, there is massive amounts of money on the line.

https://jalopnik.com/fords-new-ceo-is-cleaning-house-1845238265

Considering how poorly launches have gone, including website failures abounding and poor communications, this isn't much of a surprise. Whether a new crop of white-collars in the C-suites makes any difference in the real world is another question.
 

Blksn955.o

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Yep, regime change time.
 

Mac n Nevada

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We all are planning ahead with our financing. Why cant they at least give us an exact date when the website goes up? This isn't the Obamacare website. Whats the problem?

It's gonna get way more traffic than Obamacare, just from members here alone....:p
 

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BroncOBX

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This is normal corporate churn. When a new CEO comes in, one of their first moves is generally to surround themselves with people who are totally on board with whatever direction they are about to take the company. It doesn't always mean a complete replacement of the C suite, but that's often the case.
+1
 

North7

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I can't imagine why.../s

Ford (F) unveiled a dramatic operational and management shake-up on its CEO Jim Farley's first day in the role, as the automaker continues to seek a turnaround. Ford stock wobbled.

Among leadership changes, Ford announced the exit of CFO Tim Stone. His replacement, John Lawler, most recently led Ford's autonomous vehicle unit and has 30 years at the company.

In its executive reshuffling, Ford also plans to replace its chief information and chief marketing officers. It will name their successors shortly.

https://www.investors.com/news/ford-stock-wobbles-ceo-shakes-up-leadership-day-one/
 

Chrism81

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Pretty normal when a new boss rolls in. Hopefully these changes will benefit Ford
 

HORSINROUND

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Should we tell Ford that we’re listening? Let’s see what these shakeups mean for Bronco marketing going forward.
 

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wvmtneer

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I can't imagine why.../s

Ford (F) unveiled a dramatic operational and management shake-up on its CEO Jim Farley's first day in the role, as the automaker continues to seek a turnaround. Ford stock wobbled.

Among leadership changes, Ford announced the exit of CFO Tim Stone. His replacement, John Lawler, most recently led Ford's autonomous vehicle unit and has 30 years at the company.

In its executive reshuffling, Ford also plans to replace its chief information and chief marketing officers. It will name their successors shortly.

https://www.investors.com/news/ford-stock-wobbles-ceo-shakes-up-leadership-day-one/
Where can I apply?
 
 


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