JIM HACK­ETT

Pres­i­dent and CEO, Ford Motor Co.

Fast Company - - Leading voices -

What he’s known for

Dur­ing his 33 years at the of­fice-fur­ni­ture maker Steel­case—with an al­most-20-year ten­ure as Ceo—hack­ett stream­lined and mod­ern­ized the com­pany. When he be­came CEO in 1994, he in­her­ited a com­pany that had just re­ported a $70 mil­lion loss. He did it by em­brac­ing de­sign—he ac­quired the pi­o­neer­ing Ideo agency—and tech. He also ex­plored new busi­ness mod­els such as de­sign­ing fur­ni­ture for the health­care in­dus­try. He took Steel­case pub­lic and grew rev­enues to al­most

$3 bil­lion an­nu­ally as well as prof­itabil­ity.

Lat­est move

In Novem­ber, Hack­ett closed a deal for a joint ven­ture with the Chi­nese au­tomaker An­hui Zo­tye to man­u­fac­ture and mar­ket all-elec­tric ve­hi­cles un­der a new Chi­nese brand. Ford added that it would also use the joint ven­ture to ex­plore mo­bil­ity ser­vices in the boom­ing Chi­nese mar­ket.

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