2020-08-05T02:00:01+00:00

Ford CEO Jim Hackett to retire, COO Jim Farley to lead the company

Jim Hackett Credit: Ford Motor Company

Ford Motor Company announced its current CEO, Jim Hackett, will retire on October 1, ending a three-year run in which the automaker has tried to streamline its operations. Hackett will be succeeded by Jim Farley, currently COO of the company.

Ford’s executive chairman William Clay Ford Jr., said: "I am very grateful to Jim Hackett for all he has done to modernize Ford and prepare us to compete and win in the future,".

Sources: Content Sources

Source: The New York Times

Source: ford.com

Image Source

Ford Motor Company

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