On Tuesday, August 4, the American automaker Ford announced the resignation of CEO and company President Jim Hackett. His successor, who will hold office from October 1, will be the current chief operating officer Jim Farley. He has already been elected to the Board of the Ford.Mr. Hackett out in the midst of company restructuring, which is estimated at $11 billion, the result of which, among other things, should be more attention to the development of new vehicles, including electric vehicles. According to U.S. media reports, the resignation of Mr. Hackett, who headed Ford only in 2017, came as a surprise. Moreover, in their opinion, it reflects the fact that Jim Hackett, formerly head of the furniture manufacturer Steelcase, failed to win the confidence of investors in the company. Last year, Ford posted a net profit of $47 million versus $3.68 billion in 2018, after which its shares fell more than 11%. In General, during the time that Mr. Hackett in the position of Ford are down 40%. After the publication of the announcement of his resignation, they increased by 3%.Mr. Farley works at Ford since 2007. He headed various departments of the company, and in February this year, he was appointed chief operating officer.Yana Christmas
