Ford Replaces CEO Jim Hackett After Only Three Years

Ford has confirmed that CEO and President Jim Hackett will soon step down from his position after three years in charge.

He will be replaced by the brand’s current Chief Operations Officer, Jim Farley, in process that will see Farley assume the lead over the next two months – although Hackett will remain at Ford as a special advisor until March 2021.

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MDarringer - 8/4/2020 1:20:00 PM

-1 Boost

The dud launches of the Ranger, Explorer, and Escape caused ire.

The total abandonment of cars--with the exception of the Mustang--caused fire from dealers. Ford should have at least one sedan ditto Lincoln.

The murky teaming with VW seems a little suspect.

Ford has a bright future with the Bronco, Bronco Sport, and Mach E products with the Maverick and "Fusion Outback" being potentially good too, but ZERO cars is a bit extreme.

Car4life1 - 8/4/2020 1:43:28 PM

+3 Boost

What do you expect to happen when your biggest vehicle the F 150, has the most forgettable launch of the year, the redesigned Explorer is laughable compared to the competition with the Kia Telluride eating its breakfast, lunch, and dinner, and something tells me the Bronco has less pre orders/excitement than expected and may loose steam by its midlife cycle refresh

Time will only tell

PUGPROUD - 8/4/2020 2:04:23 PM

+3 Boost

Not surprised, over due. If you followed this guy's career and heard some of his views and public statements on the way up you wonder how he ever got this far. The Peter Principle.

carloslassiter - 8/4/2020 2:23:53 PM

+2 Boost

Is this guy a gender token? Or did he just do a poor job?

MDarringer - 8/4/2020 2:47:26 PM

-3 Boost

He can only be a gender token if males were in the minority among employees at that level and we was promoted due to having a penis.

Thus, he did a poor job.

CANADIANCOMMENTS - 8/4/2020 7:01:04 PM

+2 Boost

Appreciate all the reasoning mentioned above, but the CEO reports to the board. If the board Ok'd killing off cars, a dull design for the Explorer and a crappy launch, then they should also be blamed. Likely too many people on the board who really don't get the car business.

skytop - 8/5/2020 6:39:20 AM

+1 Boost

Maybe Ford should select a black woman from a Latino country who eats lots of muslim foods and is a cross dresser transvestite lesbian.

MDarringer - 8/5/2020 9:35:00 AM

-1 Boost

That's what carlosasshatter wants.

carloslassiter - 8/5/2020 6:48:35 AM

+3 Boost

Don't worry, Ford will hire another old white guy regardless of his qualifications or ability.

MDarringer - 8/5/2020 9:34:19 AM

-1 Boost

Poor old hack, you're really trying aren't you? I can see the smoke coming out of your ears, but for the second time in this thread alone, your reasoning betrays you. You really should stop trying so hard because you just aren't that smart.

What you said implies that you are 100% OK with Ford hiring someone without qualifications or ability as long as said loser is female.