Tag Archives: Joe Hinrichs

Ford Shakes Up Top Management. Again.

Posted on 10 April 2019 by Ken Zino

Ford Motor Company today announced leadership changes in the ongoing remake of its under-performing business (Ford Motor Company Declares Q2 Dividend of $0.15*). Joe Hinrichs is appointed president, Automotive, effective May 1. In this role, he will lead Ford’s drive to strengthen its Automotive operations and help deliver a sustainable global EBIT margin of at least 8%, about half that of the world’s leading automotive groups. Continue reading →

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Fire Sale – Ford Restarting F-150, Super Duty Production

Posted on 17 May 2018 by Ken Zino

Ford told reporters that is reaffirming 2018 adjusted EPS guidance range of $1.45 to $1.70 (non-gap) and expects adverse impact of -$0.12 to -$0.14 per share in second quarter due to lost production. Continue reading →

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F-Series Supplier Fire – a Threat to Ford Motor Profitability

Posted on 10 May 2018 by Ken Zino

Ford accounts for less than a third of the volume of output from the affected Meridian plant, it said, but the F-Series is the foundation of the profitability of Ford in North America – a foundation that was already showing signs of cracks. (Failing Grade for Ford Motor Q1 Earnings, Failing Grade for Ford Motor Q1 Earnings) Ford claims that while the production shortage is expected to have an adverse impact on the company’s near term results, the company’s guidance of delivering an adjusted EPS in the range of $1.45 to $1.701 for the full year is unchanged. Continue reading →

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Mark Fields Out, Jim Hackett in as Ford Motor CEO

Posted on 23 May 2017 by Ken Zino

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 →

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