elena ford

New Ford chief executive to drive push towards EVs and robotics

May 23, 2017

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Ford Motor Company has replaced chief executive Mark Fields, following poor sales and a 40% drop in the company’s share price during his three-year tenure.

Fields has been succeeded by Jim Hackett, a 62-year-old who has headed Ford’s Smart Mobility LLC since March 2016.

Fields’ 28-year career with Ford ended on Monday, as the car company announced a series of leadership changes, part of a wider move to cut 1,400 jobs, about 10% of staff.

Grandson of Henry Ford dies, aged 88

March 10, 2014

The last surviving grandchild of Ford Motor Company founder Henry Ford has died, ending the US family business’s direct link with the famous industrialist who pioneered automobile assembly line manufacture, which made owning a car a possibility for millions of people around the world.

William Clay Ford, who was less than a week shy of his 89th birthday, died of pneumonia on 9 March, the Ford Motor Company said.

Ford fifth-gen to steer new company division

February 15, 2013

A fifth-generation member of the Ford family has been promoted vice-president of the eponymous US carmaker. Elena Ford is also poised to take the wheel of a new division managing strategy and customer service at Ford dealerships in March.