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Stock impact report

Ford's North American chief exits after 'inappropriate behaviour' [Business News Network (BNN) Energy & Resources (Canada)]

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 American chief exits after 'inappropriate behaviour' Ford Motor Co.’s ( F.N ) head of North American operations is leaving the automaker immediately following an investigation into reports of “inappropriate behaviour.” An internal probe by the U.S. automaker found that Raj Nair, an executive vice president, engaged in behaviour that “was inconsistent with the company’s code of conduct,” according to a statement. “We made this decision after a thorough review and careful consideration,” Jim Hackett, Ford’s chief executive officer, 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 makes most of its money in North America, the region Nair, 53, has overseen since June. He was head of the automaker’s global product development and served as chief technical officer before a series of management changes that followed Hackett becoming CEO last year. “I sincerely r Show less Read more
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