As Ford CEO, Farley must nail key vehicle launches

Executive Chairman Bill Ford, left, will hand the reins of his family’s company to Jim Farley, center, who in October will succeed Jim Hackett as CEO. (AUTOMOTIVE NEWS ILLUSTRATION)

August 09, 2020 04:00 AM

DETROIT — Jim Farley's gambit at the outset of the Great Recession to leave a flourishing career at Toyota Motor Corp. to help save a foundering Ford Motor Co. has paid off: In less than eight weeks, he'll become CEO.

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