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BullNBear52

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Re: EZ2 post# 52210

Thursday, 10/01/2020 12:02:02 PM

Thursday, October 01, 2020 12:02:02 PM

Post# of 54427
Wandering around in the wilderness for 40 years.

Ford’s new CEO Jim Farley restructures operations and shakes up executive ranks as automaker struggles to execute turnaround plan
PUBLISHED THU, OCT 1 20208:02 AM EDTUPDATED 2 HOURS AGO
Michael Wayland
@MIKEWAYLAND
KEY POINTS
Farley, who succeeds Jim Hackett, is streamlining operations and refocusing on key growth areas like autonomous and electric technologies as well as commercial vehicles.
For years, the company has failed to gain Wall Street’s confidence in its business operations and labored to execute an $11 billion turnaround plan orchestrated by Hackett in 2018.
Farley succeeded Jim Hackett, who announced his retirement in August, effective Thursday.

https://www.cnbc.com/2020/10/01/new-ford-ceo-jim-farley-announces-restructuring-and-executive-shakeup.html

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