Ford's new CEO shakes up management as the carmaker continues an $11-billion turnaround
Ford Motor Co. CEO Jim Farley and Executive Chairman Bill Ford Jr. pose next to a new 2021 Ford F-150 pickup truck at the Rouge Complex in Michigan, on September 17, 2020.Ford's new chief executive, Jim Farley, on Thursday promised the No. 2 U.S. automaker would move with urgency, in contrast to criticism his predecessor faced.
Ford's promise to accelerate its turnaround is not new at a time when it is executing on an $11 billion restructuring.Ford's new chief executive, Jim Farley, on Thursday promised the No. 2 U.S. automaker would move with urgency, in contrast to criticism his predecessor faced. Ford's promise to accelerate its turnaround is not new at a time when it is executing on an $11 billion restructuring.
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