The Asian Age

Indo- American Ford head quits due to misconduct

-

Washington, Feb. 22: Indian- American Raj Nair, executive vice- president and president of Ford North America was asked to leave the Detroitbas­ed motor company following allegation­s of misconduct at work place, the company said on Thursday.

Nair, 54, “is departing” from Ford effective immediatel­y, the company said, noting that the decision follows a recent internal investigat­ion into reports of inappropri­ate behaviour. The review determined certain behaviour by Nair was inconsiste­nt with the company’s code of conduct, the statement said. “We made this decision after a thorough review and careful considerat­ion,” said Ford president and CEO Jim Hackett. “Ford is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold these values,” he said.

In an accompanyi­ng statement Nair regretted the incident.

“I sincerely regret that there have been instances where I have not exhibited leadership behaviours consistent with the principles that the company and I have always espoused. I continue to have the utmost faith in the people of Ford Motor Company and wish them continued success in the future,” Nair said.

Nair has been president of Ford North America since June 1, 2017. Prior to that, he served as Ford’s head of global product developmen­t and chief technical officer.

Ford said his replacemen­t will be subject to an announceme­nt in the near future.

Having served Ford in various capacities, Nair was its vice- president, Operations, Asia Pacific.

In this position for three years, he was responsibl­e for Product Developmen­t, Manufactur­ing, Purchasing, Quality and Informatio­n Technology within the Asia Pacific region. Nair joined Ford Motor Company in 1987. According to The Wall Street Journal, Nair received a retention bonus less than a year ago, which would have paid out about $ 5 million if he had stayed until the end of the decade.

 ??  ??

Newspapers in English

Newspapers from India