Ford says Jim Hackett to retire as CEO; to be replaced by Jim Farley

Ford Motor said that CEO Jim Hackett, who has led the company’s transformation since 2017, plans to retire from the company. Jim Farley has been named the company’s new president and CEO and will join the board of directors, effective October 1.

Ford logo (REUTERS)
Ford logo

Hackett, 65, and Farley, 58, will work together on a smooth leadership transition over the next two months.

Ford President and CEO Jim Hackett.
Ford President and CEO Jim Hackett. (REUTERS)
Ford President and CEO Jim Hackett.
Ford President and CEO Jim Hackett. (REUTERS)


Ford announced in an official statement that Jim Hackett will retire as President and CEO and Jim Farley will succeed Hackett as company continues transformation.

First Published Date: 04 Aug 2020, 19:07 PM IST
Recommended for you
View all
NEXT ARTICLE BEGINS
Shopping Bag Shop Now
55% OFF
SOFTSPUN Microfiber Cloth - 4 pcs - 40x40 cms - 340 GSM Grey- Thick Lint & Streak-Free Multipurpose Cloths - Automotive Microfibre Towels for Car Bike Cleaning Polishing Washing & Detailing…
Rs. 269 Rs. 604
21% OFF
Involve Your Senses One Musk Organic Car Perfume, Involve Your Senses Strong Fiber Air Freshener to Freshen'up Your Car - IONE01-40 g,Car Accessories interior car perfumes and fresheners
Rs. 315 Rs. 399
73% OFF
pTron Bullet Pro 36W PD Quick Charger, 3 Port Fast Car Charger Adapter - Compatible with All Smartphones & Tablets (Black)
Rs. 349 Rs. 1,299
13% OFF
Jopasu Car Duster
Rs. 754 Rs. 869

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city