Executives

Ford CEO Jim Farley bets on new structure, himself

FARLEYANNOUNCE-MAIN_i.jpg
"We have deeply entrenched issues in our industrial system that have proven tough to root out," Ford CEO Jim Farley told investors Thursday. "Candidly, the strength of our products and revenue has masked this dysfunctionality for a long time."
March 07, 2022 05:00 AM

DETROIT — Nearly a year and a half into the job, Ford Motor Co. CEO Jim Farley is making the kind of transformative move that ultimately could define his legacy. He's splitting Ford's vehicle business in two and putting himself in charge of the half that is expected to largely define the automaker's future.

Staying current is easy with newsletters delivered straight to your inbox.