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Newest Information : Ford picks Kumar Galhotra to exchange Raj Nair as North America chief
DETROIT — Ford Motor Co. on Thursday tapped Kumar Galhotra, an organization veteran who steered the Lincoln luxurious model again to respectability, to exchange Raj Nair, who was ousted Wednesday after an inside investigation uncovered “inappropriate habits,” as its president of North America.
Galhotra, 52, will take over Nair’s duties in North America on March 1. He beforehand was group vice chairman, Lincoln and Ford’s chief advertising and marketing officer. Galhotra had added chief advertising and marketing officer to his duties Nov. 1 final yr.
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“Kumar is an extremely proficient govt with a particular really feel for product and model. He’s additionally a seasoned chief who is aware of the best way to drive a enterprise transformation,” Jim Farley, Ford’s president of world markets, stated in an announcement. “Kumar is the proper particular person to steer our North American enterprise to new ranges of operational health, product and model excellence, and profitability.”
Pleasure Falotico will take over Galhotra’s duties as group vice chairman of Lincoln and chief advertising and marketing officer, efficient March 1.
Falotico, 50, beforehand was CEO of Ford Credit score. She is going to proceed to function its chairman.
“Pleasure has been a driving drive behind not solely Ford Credit score’s constantly sturdy monetary efficiency but additionally its enterprise mannequin innovation and transition to a digital buyer platform,” Farley stated. “She brings advertising and marketing expertise and a deep buyer focus as Ford enters a really busy new product launch interval to drive progress in income and profitability.”
- David McClelland will succeed Falotico as CEO of Ford Credit score. McClelland, 48, was most lately govt vice chairman, advertising and marketing and Asia Pacific.
- Stuart Rowley was named COO of North America, and can report back to Galhotra. Rowley, 50, was beforehand vice chairman of technique. He shall be accountable “for driving the redesign of the North American enterprise to enhance its general health,” Ford stated.
- John Lawler will succeed Rowley as vice chairman of technique. Lawler, 51, will report back to CFO Bob Shanks. He was most lately Ford’s company controller.
- Cathy O’Callaghan, 49, will succeed Lawler as Ford’s company controller. She most lately was CFO of Ford South America.
Overview : Ford picks Kumar Galhotra to exchange Raj Nair as North America chief
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