Ford has announced a slew of executive leadership changes as new CEO Jim Hackett begins to lay out his vision for the automaker. Most significantly, Raj Nair—who previously served as the company’s executive vice president, Product Development, and chief technical officer—will lead Ford North America.
“The leadership changes we are announcing today across our global business are important as we foster even greater teamwork, accountability and nimble decision-making,” Hackett said. “I am excited to work together with Bill Ford and such a talented and diverse group of leaders to create a more vibrant Ford that delivers value for all of our stakeholders.”
Nair will assume the title as Executive Vice President of North America, and will report to Jim Farley. Farley has been named executive vice president and President Global Markets.
Other major moves amid the executive shuffle include:
- Steven Armstrong to lead Ford Europe, Middle East and Africa
- Peter Fleet to lead Ford Asia Pacific
- Hau Thai-Tang to lead Global Product Development and Purchasing
- Sherif Marakby rejoins Ford as vice president, autonomous vehicles and electrification after working with Uber
- Neil Schloss becomes vice president and CFO, mobility
- Kenneth Kent becomes vice president and treasurer
- Bradley Gayton is named group vice president, chief administrative officer and general counsel.
- Jeff Lemmer is elected chief operating officer, Information Technology
- Ken Washington named vice president, Research and Advanced Engineering, and chief technology officer
- Dave Schoch retires after 40-year career at Ford
Ford announced Mark Fields, the automaker’s CEO for less than three years, would be replaced by Hackett four days ago after slumping stock prices, mostly attributed to the automaker’s slumping profitability. Hackett is tasked with outlining a clear vision to move Ford forward after the company’s board felt Fields lacked the vision to do so.
Nair’s appointment is effective June 1, 2017.