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0.000940733772342407 0.00047036688617112 0.00047036688617112 0 -0.0023518344308561 -0.000470366886171287 0 0
Stock impact report

Ford picks new leader for North America unit after ousting his predecessor [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 picks new leader for North America unit after ousting his predecessor Ford Motor Co. promoted its marketing chief and head of Lincoln to lead North American operations, a day after the automaker ousted a top executive for "inappropriate behavior." It was the third major management shakeup at the company in about eight months. Kumar Galhotra, 52, is taking over the carmaker's most important business unit after the company investigated his predecessor, Raj Nair, and found that Nair had engaged in behavior "inconsistent with the company's code of conduct." Galhotra was promoted to chief marketing officer four months ago when Chief Executive Jim Hackett made a second round of management changes since taking over the top job in May. Nair's departure — over transgressions Ford has declined to detail — created a significant void. The company acted quickly to fill the spot as it struggles to pad profits and faces questions about the CEO's turnaround plans. "Everybody is anxious about whe Show less Read more
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