As Ford's Mobility Chief Heads Out the Door, Hackett's Top Deputies Take on New Roles
Ford Motor Company veteran Marcy Klevorn is set to retire come October, leaving her position as head of mobility in need of filling. No need for new blood in Ford’s C-suite, however, as there’s apparently room on Jim Farley’s plate.
Farley, Ford’s head of global markets, will add a new hat to his wardrobe even before Klevorn, 59, leaves the Glass House. Klevorn, whose tenure at Ford spans 36 years, will move to a (brief) new role after Farley dons the title of president of businesses, technology and strategy. There’s new responsibilities and a new title for global operations head Joe Hinrichs, too.
Effective May 1st, Farley will become responsible for Ford Smart Mobility, the company’s autonomous vehicle arm, research and advanced engineering, corporate partnerships, and global data insight and analytics.
Hinrichs, appointed president of automotive, will oversee product development, purchasing, manufacturing, and marketing and sales, also effective May 1st. He’ll also oversee Ford’s global business units in North America, South America, Europe, China, and other international markets, plus the Ford and Lincoln brands. Ford’s expectation of Hinrichs? Reaching a pre-tax global margin of 8 percent.
Between May and October, Klevorn will serve as chief transformation officer, reporting to CEO Jim Hackett. Klevorn took on the role of mobility chief in June 2017, immediately after Hackett’s arrival at Ford.
“In the past two years, we have made tangible progress in improving the fitness of our business, overhauled our regional strategies, created a winning product portfolio, and are working to transform Ford to succeed in an era of profound change and disruption,” Hackett said in a statement. “With this strong foundation in place for our auto and mobility businesses, we can now accelerate our transformation.”
Business matters aside, the elevation of Farley and Hinrichs has some envisioning what a post-Hackett world might look like.
“This sets up the horse race for who will replace Hackett,” Michelle Krebs, executive analyst at Autotrader, told Bloomberg. “Joe gets the job of producing today’s vehicles that make the money and Jim gets the job of creating the vehicles of the future that are not making money.”
Join the conversation
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- SPPPP It seems like a really nice car that's just still trying to find its customer.
- MRF 95 T-Bird I owned an 87 Thunderbird aka the second generation aero bird. It was a fine driving comfortable and very reliable car. Quite underrated compared to the GM G-body mid sized coupes since unlike them they had rack and pinion steering and struts on all four wheels plus fuel injection which GM was a bit late to the game on their mid and full sized cars. When I sold it I considered a Mark VII LSC which like many had its trouble prone air suspension deleted and replaced with coils and struts. Instead I went for a MN-12 Thunderbird.
- SCE to AUX Somebody got the bill of material mixed up and never caught it.Maybe the stud was for a different version (like the 4xe) which might use a different fuel tank.
- Inside Looking Out Scandinavian design costs only $600? I mean the furniture.
- Akear Lets be honest, Lucid will not be around in five years. It does not matter that it is probably the world's best EV sedan. Lucid's manufacturing and marketing is a complete mess. The truth is most EV companies are going under within the decade.
What a massive waste of money this boondoggle has been. Think of the cars that could have been made from this money.
Survey: What are Ford's real objectives? (Try to look past all the flailing around.)