22-05-2017 19:19

Ford names James Hackett CEO to shake up operations

By David Shepardson and Joseph WhiteWASHINGTON/DEARBORN, Mich. (Reuters) - Ford Motor Co on Monday named James Hackett as chief executive officer, responding to investors' unease about the U.S. automaker's stock price and ability to withstand threats from longtime industry rivals and Silicon Valley.Hackett, 62, who overhauled furniture maker Steelcase Inc and then turned around the ailing University of Michigan football program, for the past year has led the Ford unit developing self-driving car
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