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Ford realigns its top executive tier

Apr 11, 2019 - The Detroit News
Board and Executive Moves

Ford Motor Co. CEO Jim Hackett announced yet another realignment of his top executives. And experts say a succession plan is becoming clear.

Ford executives Joe Hinrichs and Jim Farley would become the only two presidents of the company on May 1, when Marcy Klevorn, currently president of mobility, moves to a transitional role ahead of her planned October retirement. The shift sets up Farley or Hinrichs to succeed Hackett when the CEO leaves the company.

The moves begin to answer que...