Ford is no longer just a car company (F)
|05/22/2017||Posted by BusinessMediaguide.Com under General World News||
On Monday, Ford replaced CEO Mark Fields with Jim Hackett, a former Steelcase CEO and Ford board member who had been running the company’s Smart Mobility initiative.
The move came as Ford stock had declined 40% since Fields took over as CEO in 2014, despite a record profit in 2015 and a near-record profit in 2016.
Since Fields became CEO, he had pushed to present Ford as both an auto and mobility company. It was something of a mantra for the executive, who had spent 28 years at the carmaker.
Hackett and Ford Chairman Bill Ford intend to change that.
“Jim and read more >>>