Please ensure Javascript is enabled for purposes of website accessibility

Ford Shuffles Executives as New COO Reshapes Leadership Team

By John Rosevear – Apr 16, 2020 at 10:37AM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Jim Farley just unveiled part of his plan for the automaker.

Ford Motor (F -3.60%) announced a series of executive shuffles on Thursday, as newly minted chief operating officer Jim Farley moved to realign his senior team.

Kumar Galhotra, president of Ford's North America unit, will take on an expanded role overseeing South America and the company's International Markets Group. Galhotra will have profit-and-loss responsibility over most of Ford's global regions outside of China, including a newly created commercial-vehicle unit in the U.S. and Canada. 

Galhotra, who previously led an overhaul of Ford's Lincoln luxury brand, will continue to report to Farley.

Galhotra is shown with a Lincoln Navigator SUV, on an auto-show stand.

Former Lincoln chief Kumar Galhotra will now lead most of Ford's businesses outside of China. Image source: Ford Motor.

Lisa Drake, currently vice president of global purchasing, will retain that role and add a new one as chief operating officer of Ford North America, reporting to Galhotra. Her task will be to bring "enhanced focus to product launches, warranty cost reduction and material cost improvements," the company said in a statement. 

Ford's 2019 results were hurt by high recall (or "warranty") costs and a problem-plagued launch of the all-new Explorer SUV. 

Ted Cannis, who led the Detroit-based "skunk works" that produced the battery-electric Mustang Mach-E, will lead the new commercial-vehicle business in the U.S. and Canada, reporting to Galhotra. Commercial vehicles, long a strength for the company, have become a priority under CEO Jim Hackett's global restructuring plan.

Ford also announced the hiring of Gil Gur Arie, who recently retired from Israel's Military Intelligence Corps with the rank of colonel. He will serve as chief of global data insight and analytics, reporting to Farley. Gur Arie will be charged with leading Ford's big-data and artificial-intelligence efforts, the company said.

All of the changes will be effective as of May 1.

John Rosevear owns shares of Ford. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Ford Motor Company Stock Quote
Ford Motor Company
$12.31 (-3.60%) $0.46

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 09/25/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.