This just in — Ford CEO Mark Fields is leaving the FoMoCo and will be replaced by its Ford Smart Mobility head, James P. Hackett according to a recent report by Forbes.
Fields, 56, replaced Alan Mulally three years ago and has been at Ford since 1989. He was the president and CEO of Mazda from 2000 to 2002.
During Fields’ tenure at as CEO, Ford shares have dropped 40 percent The New York Times reports.
Hackett, 62, his replacement, is a former Ford director and chief of Steelcase, an office furniture company. He started last year as the head of Ford’s smart mobility team.
Ray Day, Ford’s vice president of communications, is also leaving the company and will replaced by Mark Truby.
More on this story as it develops and we receive official confirmation from Ford.
The post Mark Fields is Reportedly Out at Ford appeared first on Motor Trend.
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