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Ford Motor on Wednesday named two company veterans to head its auto and mobility businesses as the American automaker moves its focus to autonomous vehicles and realigns its auto portfolio.
Joe Hinrichs was named the president of its automotive unit and Jim Farley as president, new businesses, technology & strategy, effective May 1. Both the executives are going to report to CEO Jim Hackett, the company stated.
“In the past two years, we have made tangible progress in enhancing the fitness of our business, overhauled our regional strategies, created a winning product portfolio, and are contributing to transform Ford to succeed in an era of profound change and disruption,” Hackett stated.
