Ford just announced a big leadership change as it continues a $11 billion restructuring (F)

Ford announced leadership changes on Friday, naming Jim Farley chief operating officer.
Automotive president Joe Hinrichs is retiring after 19 years with the carmaker.
Ford is undergoing of an $11 billion restructuring under CEO Jim Hackett.
Visit Business Insider's homepage for more stories.Ford announced on Friday that Joe Hinrichs would retire as the carmaker's president of automotive, a position he was named to just last April.
Ford also said Jim Farley, who formerly headed up the company's