HACKETT AS CEO
Germany. “Ford isn’t exactly in crisis, but this development shows that shareholder value is more in focus”, even as carmakers face pressure to invest in technology where the payoff is uncertain.
Hackett joined Ford’s board of directors in 2013 and was appointed chairman of Ford Smart Mobility in March last year. The unit was formed to accelerate Ford’s foray into emerging mobility services.
Fields joined Ford in July 1989 and helped steer its businesses through several tough situations before he was named to the top job in July 2014.
In 2000, Fields became CEO of Mazda Motor Corp, in which Ford had a controlling stake at the time. He led a turnaround at Mazda with several Ford executives with whom he later worked to revive the US carmaker’s North American business.
After being promoted to chief operating officer in December 2012, Fields took over as CEO from Alan Mulally, the former Boeing Co executive who led Ford through the global economic crisis and avoided the bailouts and bankruptcies that befell GM and Chrysler. Bloomberg
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