New Ford CEO Jim Farley plans to expand into technology fields

New Ford CEO Jim Farley plans to expand into technology fields

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“These are new growth initiatives that could create a lot of value for the company,” Farley told Reuters, after Ford announced that he will succeed Jim Hackett as the automaker’s fourth CEO since 2014. In addition to Ford’s work on self-driving vehicles, “these are concrete areas that will change Ford,” Farley said. In the meantime, Farley, 58, must wrestle with a painful restructuring of Ford’s global operations amid the ravages of the coronavirus crisis that has saddled the No. 2 U.S. automa

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New Ford CEO Jim Farley plans to expand into technology fields originally appeared on Autoblog on Tue, 4 Aug 2020 14:43:00 EDT. Please see our terms for use of feeds.

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