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        鄢颇被砍

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        鄢颇被砍

        鄢颇被砍

        | David Whiston, CFA, CPA, CFE |

        Ford announced on Aug. 4 that CEO and President Jim Hackett, 65, will retire on Oct. 1 and be succeeded by Jim Farley, 58. Farley is currently COO, and it is not a surprise that he is succeeding Hackett, as that seemed obvious once he became COO in February. We have said in our report that we expected Hackett to retire by the end of 2021, and we’ve heard frustration on earnings calls with Hackett’s vision and communication.

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        鄢颇被砍

        Business Description

        Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. The company has about 14.1% market share in the United States and about 7% share in Europe. Sales in North America and Europe made up 68% and 20% of 2019 auto revenue, respectively. Ford has about 190,000 employees, including about 56,000 UAW employees, and is based in Dearborn, Michigan.

        Contact
        One American Road
        Dearborn, MI, 48126
        T +1 313 322-3000
        Sector Consumer Cyclical
        Industry Auto Manufacturers
        Most Recent Earnings Jun 30, 2020
        Fiscal Year End Dec 31, 2020
        Stock Type Cyclical
        Employees 190,000

        鄢颇被砍