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Ford appoints new CEO

Posted on 22 May, 2017

International business leader Jim Hackett has been appointed as CEO of Ford Motor Company, replacing the outgoing Mark Fields, who is retiring after 28 years with the car maker. Together with executive chairman Bill Ford, Hackett has pledged to focus on sharpening operation execution, modernising the Ford business and transforming the company for the future.  “We’re moving from a position of strength to transform Ford for the future,” Bill Ford said. “Jim Hackett is the right CEO to lead Ford during this transformative period for the auto industry and the broader mobility space.” A total of five new high-level appointments have been announced, including three new leaders who will report to Hackett. Jim Farley has been appointed executive vice president and president of global markets and will oversee Ford’s business units worldwide. Joe Hinrichs has been appointed executive vice president and president of global operations and will manage product development, manufacturing and labour, and Marcy Klevorn has been appointed executive vice president and president of mobility, which includes Ford’s plans to design and build in emerging mobility services, and information technology and data. Mark Truby has been appointed as vice president of communications and elected as a company officer, and Paul Ballew is the new vice-president and chief data and analytics officer. A spokesman for Ford New Zealand said despite the major changes in global leadership, it would be “business as normal” in New Zealand here.