New redefined duties have been assigned to two top Ford executives, clarifying the future path of the company. The two executives will be the front-runners to be the next top boss.
Joe Hinrichs will head all operations— manufacturing, product development, and marketing.
Jim Farley will lead ‘automotive 2.0’, autonomous vehicles, new mobility, engineering and research.
Both report directly to CEO Jim Hackett.
Marcy Klevorn, who was president for mobility, will retire in the fall.
Ford re-structuring is cutting thousands of salaried jobs. And Ford is expanding a partnership with Volkswagen.
Hinrichs has the job of running today’s Ford. Farley is in charge of figuring out how to make the plans of the future make money.