Ford Motor Co. said Friday its automotive president would retire and the company would elevate another top executive to operating chief, a big leadership shake-up that follows a disappointing earnings report earlier this week. 2 U.S. auto maker by sales elevated strategy chief Jim Farley to chief operating officer Friday, giving him broader responsibilities and positioning him to potentially succeed 64-year-old Chief Executive Officer Jim Hackett, a former office-furniture executive who has led the company for nearly...

Source: Wall Street Journal February 07, 2020 13:37 UTC