Ford Rolls with Expanded Management Shakeup

Following declining sales and share price, Ford continues to roll with additional senior management changes.

The company has announced executive appointments, completing its senior leadership team under new President and CEO Jim Hackett with details as follows:

• Raj Nair to lead Ford North America; Steven Armstrong will lead Ford of Europe, Middle East & Africa; Peter Fleet to lead Ford Asia Pacific
• Dave Schoch retiring after 40-year career at Ford.
• Hau Thai-Tang to lead Global Product Development and Purchasing
• Sherif Marakby rejoins Ford as vice president, autonomous vehicles and electrification
• Ken Washington named vice president, Research and Advanced Engineering, and chief technology officer
• Neil Schloss is appointed vice president and chief financial officer, Mobility
• Kenneth R. Kent is named vice president and treasurer
• Bradley Gayton is appointed group vice president, chief administrative officer and general counsel\
• Jeff Lemmer is elected chief operating officer, Information Technology

In addition:

• Mark Ovenden is named vice president, Marketing, Sales and Service, Asia Pacific.
• Steven Armstrong is appointed group vice president and president, Europe, Middle East & Africa, succeeding Jim Farley. I
• Sherif Marakby is appointed to a newly created position of vice president, Autonomous Vehicles and Electrification, effective June 12. He is elected a corporate officer.
• Global Operations: New appointments reporting to Joe Hinrichs, executive vice president and president, Global Operations include:
• Hau Thai-Tang is appointed executive vice president, Product Development and Purchasing.
• Mobility: New appointments reporting to Marcy Klevorn, executive vice president and president, Mobility include:
• Neil Schloss is appointed vice president and chief financial officer, Mobility, effective Aug. 1.
• Jeff Lemmer is appointed vice president and chief operating officer, Information Technology, effective June 1.
• The appointment of a chief information officer will be the subject of a future announcement.Also today, the following leadership changes are being announced:
• Bradley Gayton is appointed group vice president, chief administrative officer and general counsel, effective June 1.
• Ken Washington is appointed vice president, Research and Advanced Engineering, and chief technology officer, effective June 1, reporting to Jim Hackett.
• Kenneth R. Kent is appointed vice president and treasurer.

Category: General Update