Ford's New CFO Is Tim Stone, An Amazon Alum [Forbes]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: Forbes
Ford's New CFO Is Tim Stone, An Amazon Alum Tim Stone, formerly of Amazon, becomes Ford's chief financial officer on June 1, 2019. Ford has hired Tim Stone as its next chief financial officer, effective June 1, succeeding Bob Shanks who is retiring at the end of 2019. Stone, 52, was named chief financial officer of social media platform Snap last May. He left the company earlier this year. Before Snap he worked at Amazon for 20 years. Snap completed an initial public offering in 2017, but has lost about half its market value since then. "We're so excited to have Tim join Ford at this incredible time for our company as we strive to become the world's most trusted company, designing smart vehicles for a smart world," Ford CEO Jim Hackett said. Major automakers, including Ford, are trying to cross-pollinate their management and engineering ranks with people from social media, online retail and other software-dominant industries. The market for personally-owned vehicles is converging with
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