The meetings, held every Thursday, were “a way to focus [Mulally’s] senior management team and allow for transparency” on company issues, Automotive News says. The outlet reported last week that CEO Jim Hackett canceled the meetings during his first two weeks in office, but that was a temporary change.
“Any suggestion that company BPRs are going away is incorrect,” says a Ford spokesperson. “Jim Hackett is continuing to use the BPR process.”
Alan Mulally, CEO of Ford Motor Company from September, 2006 to July, 2014, preceded Jim Hackett’s predecessor Mark Fields. Fields was asked to step down just last month amidst frustration relating to the automaker’s share value and quickly-declining sales. Prior to filling the role of CEO, Hackett was Chairman of Ford Smart Mobility LLC, after spending some 20 years as CEO of office furniture company Steelcase and filling in as interim athletic director at the University of Michigan.