Vijay Sankaran Rejects Information Officer Job at Ford

Ford Motor Company in a classic late Friday bad news  announcement ploy said late today that Vijay Sankaran will not rejoin the company, “citing personal reasons.” Ford has previously said that Sankaran, 47, had accepted an offer to become Ford’s chief software and information officer beginning this week, after serving seven years with TD Ameritrade. Sankaran, previously had served 12 years with Ford’s information technology team until 2013.  Ford will announce a permanent senior leader to oversee technology, software and data “in the near future.”

“Vijay informed us that while he was excited by the opportunity to rejoin Ford during this transformative period for the company, he decided he wanted to take some time off to spend with his family before entering the next phase of his career,” claimed Ford President and CEO Jim Farley. (Ford Motor Changes CEO from Jim Hackett to Jim Farley)