Ford Ousts CEO Fields According to Reports
Posted in: UncategorizedFord Motor Co. has fired CEO Mark Fields and will replace him with James Hackett, head of the automaker’s Smart Mobility arm, as part of a broad management shakeup, according to reports by Forbes and other news organizations.
An announcement will be made Monday, a source close to the situation told Forbes. The Associated Press and the New York Times also reported the story early Monday. The automaker called a press conference for 9:45 a.m. eastern time.
Forbes also reported that Ray Day, Ford’s head of communications, was also fired and would be replaced by Mark Truby, who currently heads Ford’s Asia Pacific communications. James Farley, president of Ford’s Europe, Middle East and Africa business, and Joseph Hinrichs, head of Ford North America, will take on larger roles, Forbes reported. Farley previously served as executive VP of global marketing, sales and service.