Ford CEO Jim Farley has been on a roll in terms of accumulating accolades from various organizations in recent months, including being named MotorTrend‘s 2022 Person of the Year and one of Newsweek‘s World’s Greatest Auto Disruptors and Executive of the Year. Now, Jim Farley continues to add to his proverbial trophy case after being named Industry Leader of the Year by the Automotive Hall of Fame (AHF), an award he received at the recent 2022 Automotive Hall of Fame Induction and Awards Ceremony.
“It was announced in August 2020 that Jim Farley would succeed Jim Hackett as the CEO of the Ford Motor Company,” AHF said of its selection. “Farley stepped into this role with an ambitious, customer-focused Ford+ plan. He wanted to structure Ford as a leader in electric and connected vehicle production, improve the company’s stock price, and emerge from the coronavirus pandemic as strong as ever. In his first year, Farley met his goals, and now leads one of the most dynamic, forward-thinking automakers in the world.”
As has previously been the case, AHF stafff are fans of Ford Pro, the automaker’s new, dedicated commercial business, which uses Blue Oval Intelligence connected vehicle technology, the automaker’s Telematics web-based software platform, and both paid and complimentary subscription services to give fleet owners more control and, as a major benefit, cost savings via less downtime and maximized efficiency. The second component is Ford’s dedication to EVs, which it is investing heavily in with an eye toward a future transition to electric power.
“After Farley’s first year as CEO, market shares of Ford had risen roughly 100 percent,” AHF added. “Jim Farley’s bold and calculated decision making has made him one of the most exciting names in the auto industry. His ambition and drive have set the Ford Motor Company up for a big future.”