Ford boss Hackett resigns – automaker in crisis

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Change of leadership at the top of American automaker Ford: Jim Hackett has resigned and a namesake will join him from October – Jim Farley. The reason: the automaker is going through a deep crisis.

American auto giant in trouble Ford is repositioning its leadership for the second time in three good years. The company announced on Tuesday that CEO Jim Hackett (65), who has only been in office since May 2017, is resigning.

As of October 1, top manager Jim Farley (58), currently responsible for day-to-day activities on the board, has been promoted to his successor.

Jim Hackett: The director resigned as CEO of Ford. (Source: ZUMA Wire images / imago)

The personnel change shows just how difficult Ford still is with the shift in the auto industry from classic sheet metal bending to future technologies such as autonomous driving and electromobility. The group is undergoing deep restructuring.

Hackett actually started out as a great modernizer. His predecessor, Mark Fields, had also left the first post after just three years.

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