(RTTNews) – Ford Motor Co. (F) said Thursday that Chief Financial Officer Bob Shanks plans to retire from the automaker at the end of 2019. He will b
Source: markets.businessinsider.com
Ford Motor Co. (NYSE: F) has announced major changes to its global leadership team. Ford’s Chief Financial Officer (CFO), Bob Shanks, who is planning to retire from the Company at the end of this year, will be replaced by Tim Stone, a finance executive who served 20 years at Amazon Inc., and as CFO of Snap Inc. Mr. Stone will assume the role of CFO on June 1 and report to Ford President and CEO Jim Hackett. Peter Fleet, president of International Markets Group will be succeeded by Mark Ovenden, effective April 1. Stuart Rowley has been appointed as president, Ford of Europe, succeeding Steven Armstrong who is being named chairman, Ford of Europe. Birgit Behrendt, vice president, Joint Ventures, Alliances and Commercial Affairs, Ford of Europe also announced her intention to retire.
