Ford Smart Mobility LLC

Ford Motor Company (NYSE: F) announced Sunday night its CEO Mark Fields will be replaced by Jim Hackett, the president of Ford Smart Mobility LLC. The unexpected move comes not long after the company’s annual shareholder meeting, held virtually on May 11. Executive chairman Bill Ford thanked...

Jim Hackett, tapped to change the culture at the nation’s No. 2 automaker, brings a background in football and office furniture as the new CEO of Ford Motor Company (NYSE: F). Hackett, the former CEO of office furniture giant Steelcase Inc. (NYSE: SCS), was picked on Monday to replace Mark...