"Ford Motor Co. ( NYSE: F) stock has been close to flat over the past five years. The automaker has spent billions of dollars on electric vehicle (EV) development, but says it has built a new assembly process to create a financial return on the sector...eventually. Executive Chair Bill Ford has chewed through chief executives since 1999. The current CEO, Jim Farley, has lasted longer than most."
"Mark Reuss, the president of General Motors, runs GM's infrastructure. This includes product management, manufacturing, and R&D. He has significant overseas experience with China and South America. Perhaps most importantly, he is in senior management at a car company that is more successful in its home market than Ford is. Tetsuo "Ted" Ogawa is president and chief executive of Toyota Motor North America. He has extensive experience in China."
Ford Motor Co. stock has traded close to flat over the past five years. The automaker invested billions in electric vehicle development and implemented a new assembly process intended to deliver financial returns over time. Executive Chair Bill Ford has replaced multiple chief executives since 1999, and CEO Jim Farley has lasted longer than most recent predecessors. The Ford family expresses concern about the executive chair's performance. Several industry executives are identified as logical replacements, including Mark Reuss (GM), Tetsuo "Ted" Ogawa (Toyota), Randy Parker (Hyundai/Genesis), Tom Zhu (Tesla), and John L. Thornton (Ford lead director), each bringing international experience and leadership track records.
Read at 24/7 Wall St.
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