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Tag Archives: Jim Hackett
Ford Motor Changes Top Exec Roles Again
The changes come as Ford is restructuring operations, investing in the product portfolio and reducing bureaucracy. Ford lost $1.7 billion (42 cents a share) during Q4 2019 compared to a loss of $100 million, or 3 cents a share, year-over-year. This included a previously disclosed $2.2 billion charge for underfunded pensions. Adjusted for one-time items, Ford said it gained 12 cents a share during the year, compared with 30 cents a share a year ago. Revenue fell 5% to $39.7 billion from $41.8 billion a year ago. Global sales, share, earnings, and profits all decreased. Continue reading
Posted in financial results, mobility company, people
Tagged auto industry commentary, autoinformed.com, Jim Farley, Jim Hackett, Kenneth Zino
1 Comment
Volkswagen and Ford Announce Alliance Without Cross Equity
The history of such industry collaborations is difficult and littered with road kill. The problem is whether the two global giants and hundreds of thousands of workers can walk in step together or stumble over each other. Continue reading
Posted in auto news, economy, engineering, financial results, manufacturing, marketing, mobility company, new vehicle, news analysis
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, CEO, connected vehicles, Dr. Herbert Diess, Dr. Thomas Sedran, Ford Motor Company, Jim Farley, Jim Hackett, Ken Zino, new vehicle reviews, Volkswagen AG, Volkswagen Commercial Vehicles
2 Comments
Me Too? Raj Nair, President North America, Fired by Ford
Job One at Ford appears to include masturbating on the assembly line, showing off pictures of penises, molesting and propositioning women and retaliating against those who refused to “go along with the program,” thereby providing an expanded definition of tit for tat. Continue reading
Mark Fields Out, Jim Hackett in as Ford Motor CEO
Hackett led Ford Smart Mobility – arguably the future of the industry with ride sharing, electric vehicle, sales of big data and autonomous cars thrown in – since March 2016. Continue reading
Barb Samardzich, COO Ford of Europe, to Retire
Barb Samardzich, vice president and chief operating officer, Ford of Europe, will retire on Oct 1 after more than 26 years. Continue reading
Posted in people
Tagged autoinformed, autoinformed.com, bob shanks, Jim Hackett, Ken Zino, Lyle Watters, Neil Schloss, Steven Armstrong
1 Comment
Ford Motor Changes CEO from Jim Hackett to Jim Farley
Farley, an automotive leader with global experience and a successful track record (He launched Lexus at Toyota), collaborated with Hackett over the past three years to develop and execute Ford’s Creating Tomorrow Together plan. Continue reading →