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Stock impact report

Ford's North America chief exits after company finds 'inappropriate behavior' [Los Angeles Times (CA)]

Ford Motor Company (F) 
Last ford motor company earnings: 4/28 04:09 pm Check Earnings Report
US:NYSE Investor Relations: shareholder.ford.com
Ford's North America chief exits after company finds 'inappropriate behavior' Ford Motor Co.'s head of North American operations is leaving the automaker immediately following an investigation into reports of "inappropriate behavior." An internal probe by the U.S. automaker found that Raj Nair, an executive vice president, engaged in behavior that "was inconsistent with the company's code of conduct," according to a statement from the company. "We made this decision after a thorough review and careful consideration," Jim Hackett, Ford's chief executive, said in the statement. "Ford is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold those values." Ford did not specify the behavior that spurred Nair's exit. Nair is departing as sexual harassment scandals have brought down prominent men, most notably in Washington and within the entertainment and media industries. The #MeToo movement has yet to make a major mark on the m Show less Read more
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