McLaren Automotive CEO Mike Flewitt will be stepping down after spending eight years at his post. The supercar manufacturer has stated that it’s already in search of his replacement, though that will be just one of several issues it needs to square away.
While Flewitt oversaw the brand’s impressive global expansion efforts and push to integrate new technologies needed for a broader product lineup, McLaren is still reeling from work stoppages done in response to the COVID-19 pandemic. Financial concerns have since encouraged the company to scale back its involvement in Formula One so it could prioritize its own survival, saving jobs wherever possible.
After being named as Ford’s next CEO, the automaker’s current chief operating officer, Jim Farley, says the company is on the proper course, with no need to reverse the tech-driven direction taken under the outgoing Jim Hackett.
Speaking to Reuters, Farley said the hunt for new revenue streams in a rapidly evolving technological landscape will continue.
A bombshell just landed from Ford, as the automaker announced the impending retirement of CEO Jim Hackett and his replacement by Chief Operating Officer Jim Farley, effective October 1st.
Ford said Tuesday that Hackett, 65, whose tenure has been the subject of much speculation and criticism as the company navigates wildly turbulent waters, “elected” to retire. He replaced the ousted Mark Fields in 2017. In his place rises Farley, who also joins the company’s board of directors.
An Indian-owned British automaker is about to land a French boss.
On Tuesday, Jaguar Land Rover parent Tata Motors announced the hiring of Thierry Bolloré, former CEO of Groupe Renault, as the automaker’s new CEO, replacing the retiring Sir Ralf Speth. The new boss arrives on September 10th.
Rental car giant Hertz, which recently struck a deal with creditors amid debt incurred by the coronavirus pandemic, has a new CEO.
Paul Stone, formerly the company’s executive vice president and North American chief retail operations officer, was named to the top spot on Monday. There, he’ll face a full plate, though saving the company will be Job One.
Never meet your heroes, the saying goes, which suggests that maybe these relative strangers we put on a pedestal to gaze at in awe and admiration are actually shallow, flawed creatures in real life. Who knows how disappointed I’d have been had I met my childhood hero. Frankly, I’m not even sure who that would be.
Tom Selleck, perhaps.
In the automotive realm, there’s no shortage of choice in company leaders who, for whatever reason, stand out as someone to be admired. Present day or past, these leaders’ innovation, bold decision making, and personal flair (or perhaps notoriety) stir something inside us.
Who’s the automotive top dog you can’t help but feel inspired by?
According to a report in Autocar, the rise through Volkswagen Group ranks accomplished by Audi Sport CEO Stephan Winkelmann will continue in 2018.
Formerly a Fiat employee, the 52-year-old Winkelmann became famous in the auto industry during his decade-long run as president and CEO of Lamborghini. Winkelmann then took over at Audi’s Quattro performance division in March 2016 before changing its name to Audi Sport. But the Rome native’s tenure at Audi Sport will reportedly be cut short by Volkswagen Group’s need to fill the lead position at its flagship brand, Bugatti.
If Autocar’s sources are right, look for Winkelmann to take over at Bentley in 2019, as well. Makes you wonder: Winkelmann has climbed from Fiat to Lamborghini to Audi Sport to Bugatti and Bentley. What’s next?
Uber Technologies has chosen Expedia’s Dara Khosrowshahi to run the global ride-hailing firm now that ex-CEO Travis Kalanick has been twice ousted from his executive role. While Uber confirmed it has named a replacement, it declined to make specific reference to Khosrowshahi, saying the board would inform employees first. Likewise, Expedia has not yet confirmed that its current CEO is leaving.
Hoping to distance itself from numerous scandals, Uber has vowed to end what many have called an unsavory corporate culture. As the company’s co-founder, Kalanick enjoyed sweeping authority on the board and has been frequently blamed for its misdeeds — primarily due to his encouraging of an unstructured, dog-eat-dog mentality among the staff. This may have something to do with the surprise choice of Khosrowshahi. As a former Iranian refugee, he is extremely critical of the Trump administration’s travel ban and has received praise in the media for his progressive politics.
Managing director of PSA Peugeot-Citroën’s Citroën UK & Ireland Linda Jackson will now have oversight over the entire Citroën brand as its first-ever female CEO.
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- Urlik The best way to crush F1 politics is to be good. Looking at you Red Bull.
- Art_Vandelay Good. As an Alfa fan it will be good to have someone on the grid they might actually be capable of beating!
- Sgeffe The popcorn is blowing the lid off my popper!
- Verbal I believe Michael Andretti's F1 career lasted all of three races. He crashed out of all of them, then quit.
- Sgeffe Gotta make popcorn now...!