Last month, we brought you news about Ford CEO Jim Farley lamenting to investors that his company was number one – in recalls. At the time, he refused to place all the blame at the convenient feet of the world’s supply chain, instead pledging some company overhauls – perhaps at the personnel level.
Enter one John Dion, a corporate boss who has apparently implemented so-called ‘lean systems’ at other large companies. His title? Chief Transition Officer.
Nissan-owned Infiniti has opted to merge marketing, public relations, and social media oversight into a single position. Framed as a promotion for Wendy Orthman, the brand’s current global head of communications, the management shift takes place shortly after former General Manager Global Brand and Marketing Phil York decided he had better things to do in Europe. But it really just seems like the company figured out a way to roll three jobs into a single paycheck.
Effective today, Orthman will be assuming the freshly minted title of general manager of Global Integrated Brand, Marketing and Communications. According to the automaker, the position combines the roles of a chief marketing officer and head of communications while also providing oversight for Infiniti’s social media and public relations.
Osamu Masuko, the longtime Mitsubishi Motors boss who guided his company through turbulent waters, helped craft an alliance with Nissan and partner Renault, only to find his ship back in storm-tossed seas, has died just three weeks after his unexpected departure.
Masuko died on Thursday, aged 71, Japanese media reports. The former chairman announced his resignation on August 7th.
Dhivya Suryadevara, General Motors’ chief financial officer, is on the way out. After helping the automaker weather its worst storm since the 2008 recession and concurrent bankruptcy, Suryadevara announced her resignation Tuesday, effective August 15th. She’s leaving for a non-automotive position at Stripe, a San Francisco-based financial services and software company.
GM’s first female finance boss, Suryadevara took on the role in 2018, but the pandemic that rocked the auto industry this year also created new opportunities elsewhere.
A longtime presence at the top of Mitsubishi Motors departed his post Friday morning, marking the end of an era for the embattled Japanese automaker. Company Chairman Osamu Masuko, 71, resigned effective immediately today, following a six-year tenure at the top of a company he joined in 1972.
Masuko, who rose to become president of the company in 2005 and CEO in 2014, cited health reasons for his sudden departure.
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.
Joe Hinrichs, formerly Ford’s president of automotive (and a leading candidate for CEO in the event that the company’s board grew tired of Jim Hackett), has found a new gig after his ouster from the automaker he worked at for 19 years.
On Monday, Massachusetts-based WaveSense announced Hinrichs as its newest board member, joining a former General Motors chief financial officer, Chuck Stevens III, and a Continental executive in the advisory body.
Nissan’s under the gun, and some near the top of the company reportedly like what they see in the company’s chief operating officer, Ashwani Gupta. So much so, that they’re pushing for a change in roles.
They’d like to see the architect of the brand’s four-year turnaround plan, released last month, don the same hat as CEO Makoto Uchida.
Forget all about that Porsche dude. The current CEO of Volkswagen Group’s sporting car brand will not become the new head of the automaker’s namesake brand. Instead, a supervisory board meeting Monday saw Herbert Diess punted, replaced by the brand’s former chief operating officer.
Come July 1st, Ralf Brandstätter will take the helm, tasked with guiding the brand through troubled water and into an electrified future.
A report last week in a German publication stated that Volkswagen Group was looking for someone new to take charge of its namesake brand. The new blood would come in the form of Porsche CEO Oliver Blume, sources said.
We’re now hearing there’s an “extraordinary” supervisory board meeting being held at VW today, and that the result could be current brand chief Herbert Diess being bounced from his role.
Authorities arrested a former U.S. special forces member and his son in Massachusetts Wednesday, accusing them of helping former Renault and Nissan boss Carlos Ghosn escape from Japanese justice. Just after Christmas, Ghosn, under house arrest awaiting trial for financial crimes, turned up in the safe country of Lebanon following a complex and hazy escape plan.
Such a plan was beyond the abilities of Ghosn to pull off on his own, but it seems just such an extraction was Michael Taylor’s specialty. Taylor, 59, a former Green Beret, was arrested along with his 27-year-old son Peter.
Mitsubishi, the automotive brand TTAC readers can’t get enough of, is going further into money saving mode amid the ongoing coronavirus pandemic.
The automaker announced late last week that it will revisit and revise its 2019 fiscal year financial forecast and rein in its spending, starting with the pay checks it sends to officers and directors.
Latest Car ReviewsRead more
Latest Product ReviewsRead more
- Dusterdude @El scotto , I'm aware of the history, I have been in the "working world" for close to 40 years with many of them being in automotive. We have to look at situation in the "big picture". Did UAW make concessions in past ? - yes. Do they deserve an increase now ? -yes . Is their pay increase reasonable given their current compensation package ? Not at all ! By the way - are the automotive CEO's overpaid - definitely! (That is the case in many industries, and a separate topic). As the auto industry slowly but surely moves to EV's , the "big 3" will need to be producing top quality competitive vehicles or they will not survive.
- Art_Vandelay “We skipped it because we didn’t think anyone would want to steal these things”-Hyundai
- El scotto Huge lumbering SUV? Check. Unknown name soon to be made popular by Tiktok ilk? Check. Scads of these showing up in school drop-off lines? Check. The only real over/under is if these will have as much cachet as Land Rovers themselves? A bespoken item had to be new at one time. Bonus "accepted by the right kind of people" points if EBFlex or Tassos disapproves.
- El scotto No, "brothers and sisters" are the core strength of the union. So you'll take less money and less benefits because "my company really needs helped out"? The UAW already did that with two-tier employees and concessions on their last contract.The Big 3 have never, ever locked out the UAW. The Big 3 have agreed to every collective bargaining agreement since WWII. Neither side will change.
- El scotto Never mind that that F-1 is a bigger circus than EBFlex and Tassos shopping together for their new BDSM outfits and personal lubricants. Also, the F1 rumor mill churns more than EBFlex's mind choosing a new Sharpie to make his next "Free Candy" sign for his white Ram work van. GM will spend a year or two learning how things work in F1. By the third or fourth year GM will have a competitive "F-1 LS" engine. After they win a race or two Ferrari will protest to highest F-1 authorities. Something not mentioned: Will GM get tens of millions of dollars from F-1? Ferrari gets 30 million a year as a participation trophy.