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O/T: That's exactly what drove this recent move by Ford...What's even worse, not so much cars. But sophisticated tractors, you are captive to the branded dealer for any service that involves hi-tech.
John C. May, Chairman and CEO of Deere & Co., Named to Ford Board
Dec 9, 2021 | DEARBORN, Mich.
DEARBORN, Mich., Dec. 9, 2021 – Ford Motor Company’s board of directors elected John C. May to be a director of the company effective today. May will serve on the Finance, Compensation, Talent and Culture, and Nominating and Governance committees. His appointment expands Ford’s board to 15 members.
May is chairman and CEO of Deere & Company, a world leader in agriculture and construction products, technology and services. He was named to those positions in May 2020 and November 2019, respectively. Under May’s leadership, Deere is revolutionizing the agriculture and construction industries through the rapid introduction of connectivity and advanced technology.
Bill Ford, Ford’s executive chair, said May’s experience helping to transform Deere as a smart industrial company is relevant to Ford’s own ambitious transformation, and brings additional valuable insight to the Ford board.
“Our industry is in an exciting period of disruption and we’re changing Ford in significant ways that are good for all our customers and stakeholders, with advanced technology and digital connectivity at the center,” said Bill Ford. “That’s what Deere is doing in its businesses, making John’s expertise invaluable to our board as the Ford management team executes the company’s strategy for growth and value creation.”
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