#ExecutiveShuffle
Ford Makes It Official: Jim Hackett is the Company's New Top Boss
Ahead of a news conference at Ford’s Dearborn headquarters, the automaker has announced Jim Hackett as its new president and chief executive officer.
The news follows last night’s report of the ouster of former CEO Mark Fields by the company’s board of directors. In an official release, Ford refers to Hackett as a “transformational business leader” who will succeed the “retiring” Fields.
Before being named chairman of the newly created subsidiary Ford Smart Mobility LLC in March of 2016, Hackett, 62, served on the company’s board for three years and was a member of its Sustainability and Innovation committee. Prior to joining Ford, the executive gained accolades for his turnaround of American office furniture company Steelcase, where he spent 30 years. As interim director of athletics at the University of Michigan, Hackett lured Jim Harbaugh away from the San Francisco 49ers to serve as head football coach.
Hackett’s job won’t be an easy one. Besides guiding the company through a disruptive era of new technologies, the new CEO must reverse Ford’s flagging fortunes.
There's a New Sheriff in Town: BMW Installs New US CEO After Sales Slide and Incentives Soar
Bernhard Kuhnt takes over as the chief executive officer of BMW’s U.S. outpost on March 1, Automotive News reports, replacing BMW’s western hemisphere boss, Ludwig Willisch, who is likely to retire by the end of the decade.
BMW sales grew year after year during Willisch’s tenure, reaching annual records in 2012, 2013, 2014, and 2015. There were, at times, questionable tactics employed to maintain rapid growth.
Yet in 2016, as U.S. auto sales shot to record levels, BMW’s U.S. volume plunged by more than 9 percent. In 12 consecutive months, U.S. sales declined on year-over-year terms. At BMW’s Mini brand, three years after volume climbed to record levels in 2013, sales fell to a six-year low in 2016.
And yet no automaker is incentivizing to such a lofty degree.
FCA's Friendly Giant Given Keys to Alfa Romeo, Maserati
Human redwood and former Canadian junior hockey star Reid Bigland adds yet another set of responsibilities to his resume thanks to an executive shuffle at FCA.
Bigland replaces Harald Wester as CEO of both Alfa Romeo and Maserati brands effective immediately, though Wester retains his Chief Technology Officer position with the group. Both men will continue to sit on the Group Executive Council, which has increasingly insulated Sergio Marchionne from regional brand operations.
New Volkswagen NA Boss Quits Before Taking Position
Chairman of Škoda Prof. Dr. Winfried Vahland, who was tapped to lead a new North American Volkswagen region, will be leaving the Volkswagen Group, it was announced Wednesday.
Vahland will not be taking the N.A. role which would have given him the responsibility of overseeing the U.S., Canadian and Mexican markets.
“Differing views on the organisation of the new Group region have led to this decision,” Škoda said in a release on Wednesday, though the automaker was careful to point out that “this decision is expressly not related to current events on the issue of diesel engines.”
A replacement for Vahland in North America has not yet been announced.
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