You are here: Home » International » News » Companies
Business Standard

Ford Motors to name new heads for Europe, Asia: Report

James Hackett was named the new CEO


Ford Motor Co, which earlier this week named turnaround expert James Hackett as its chief executive officer, will announce replacements for some of its key executive positions as early as Thursday, the Financial Times reported, citing sources. The No 2 US automaker will name Steven Armstrong as the new head of Europe, Middle East and Africa and Peter Fleet as the new head of Asia Pacific and China, according to three people familiar with the plans, FT said. Ford is under pressure from investors over its slumping stock price and its ability to counter threats from longtime rivals ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, May 25 2017. 17:46 IST