Ford Names Hackett As CEO To Tackle Car Rivals, Silicon Valley
Ford Motor Co (F. N) abruptly named James Hackett as chief executive on Monday, responding to investors’ growing unease about the U.S. automaker’s slumping stock price and its ability to counter threats from longtime rivals and Silicon Valley. Ford Chairman Bill Ford Jr., whose family effectively controls the U. S. No. 2 automaker, said he … Read more