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Anyone knows much about the new CEO, Jim Hackett? It seems like window dressing to me as I don't see Ford suddenly becoming like Tesla anytime soon, or ever. A

Anyone knows much about the new CEO, Jim Hackett? It seems like window dressing to me as I don't see Ford suddenly becoming like Tesla anytime soon, or ever. Also looks like the outgoing CEO was the fall guy for the company's mediocre sales. Replacing him with a guy who oversees self-driving cars is not going to magically change the trend.

hkmurakami 9y ago
>Mr. Hackett, 62, a longtime chief of the office furniture giant Steelcase and a former Ford director, joined the company’s operational ranks last year as head of its “smart mobility” operation, which includes driverless technology. "oversees but does not have any technical expertise in" self driving cars. Just a standard case of a senior executive taking over for a CEW who underperformed earnings expectations.
dkrich 9y ago
Window dressing is exactly what they want. We live in a climate where share price is based purely on branding and not on fundamentals. Elon Musk has convinced the market that he's the second coming of Steve Jobs and the market is buying into it hook line and sinker. As a shareholder I think the Ford family wants to create an image that will signal to the market Ford is very serious about autonomous and electric. I'd be very surprised not to see some very publicized development of a new line of cars in the next year or two.
rmason 9y ago
Jim Hackett is well known in Michigan sports. He's the one who was appointed interim athletic director despite lacking a sports background. He replaced another corporate CEO Dave Brandon (Dominos) who was fired. Hackett oversaw hiring the new AD and got good marks when he was there. http://www.mgoblue.com/genrel/jim_hackett_934376.html http://www.mgoblue.com/genrel/jim_hackett_934376.html This may have brought him to the attention of William Clay Ford who lives in Ann Arbor. He went to work for Ford shortly thereafter.

hkmurakami 9y ago

>Mr. Hackett, 62, a longtime chief of the office furniture giant Steelcase and a former Ford director, joined the company’s operational ranks last year as head of its “smart mobility” operation, which includes driverless technology. "oversees but does not have any technical expertise in" self driving cars. Just a standard case of a senior executive taking over for a CEW who underperformed earnings expectations.

dkrich 9y ago

Window dressing is exactly what they want. We live in a climate where share price is based purely on branding and not on fundamentals. Elon Musk has convinced the market that he's the second coming of Steve Jobs and the market is buying into it hook line and sinker. As a shareholder I think the Ford family wants to create an image that will signal to the market Ford is very serious about autonomous and electric. I'd be very surprised not to see some very publicized development of a new line of cars in the next year or two.

rmason 9y ago

Jim Hackett is well known in Michigan sports. He's the one who was appointed interim athletic director despite lacking a sports background. He replaced another corporate CEO Dave Brandon (Dominos) who was fired. Hackett oversaw hiring the new AD and got good marks when he was there. http://www.mgoblue.com/genrel/jim_hackett_934376.html http://www.mgoblue.com/genrel/jim_hackett_934376.html This may have brought him to the attention of William Clay Ford who lives in Ann Arbor. He went to work for Ford shortly thereafter.