Fields gone in Ford executive shake up

- Ford Motor Company has announced a massive clean out of its executive management structure, with former Steelcase boss Jim Hackett named as the new president and CEO, replacing Mark Fields who is retiring after three years at the helm.

- The changes at the top are part of huge changes at the highest levels of the Blue Oval following investor concern over the company’s perceived failure to adapt to the changing automotive environment, specifically a more rapid move to electrified and autonomous vehicles.

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