- Kumar Galhotra named group vice
president and president, Ford North America
- Joy Falotico named group vice
president, Lincoln and Chief Marketing Officer
- David McClelland named vice president
of Ford and CEO of Ford Motor Credit Company
- Stuart Rowley named vice president and
chief operating officer, Ford North America
- John Lawler named vice president,
Strategy, Ford Motor Company
- Cathy O’Callaghan named vice president
and corporate controller, and CFO, Global Markets
Ford Motor Company today announced key changes to its senior
management team as it continues to strengthen its automotive
business, improve the company’s operational fitness, and accelerate
a strategic shift to capitalize on emerging opportunities.
In announcing the leadership changes, Ford President and CEO Jim
Hackett said Ford is “very fortunate to have an experienced and
committed executive team in place driving every day to
significantly strengthen our business while building toward our
vision of becoming the world’s most trusted mobility company,
designing smart vehicles for a smart world.”
Kumar Galhotra, 52, is appointed group vice president and
president, Ford North America, effective March 1. Galhotra will be
responsible for leading all aspects of Ford’s North American
business. He will report to Jim Farley, Ford executive vice
president and president, Global Markets.
Galhotra, a 29-year veteran of the company, has served in a
variety of senior-level engineering and product strategy positions
around the world. In addition, since 2014, he has led Lincoln Motor
Company, revitalizing the luxury brand’s model lineup and
developing a world-class customer experience. He also has been
serving as the company’s chief marketing officer since last
year.
“Kumar is an incredibly talented executive with a special feel
for product and brand. He is also a seasoned leader who knows how
to drive a business transformation,” Farley said. “Kumar is the
right person to lead our North American business to new levels of
operational fitness, product and brand excellence, and
profitability.”
Reporting to Galhotra will be Stuart Rowley, 50, who is named
vice president and chief operating officer, Ford North America,
effective March 1. Rowley, who was previously vice president,
Strategy, Ford Motor Company, will be responsible for driving the
redesign of the North American business to improve its overall
fitness.
Joy Falotico, 50, is named group vice president, Lincoln Motor
Company and chief marketing officer, succeeding Galhotra. Her
appointment is effective March 1.
In this role, Falotico reports to Farley and is responsible for
leading the continued evolution of Lincoln as a world-class luxury
brand. She oversees all Lincoln operations globally, including
product development; marketing, sales and service; and all team
members supporting the brand. She will also lead the company’s
Marketing function and efforts to connect more closely with
customers by identifying new opportunities to serve them. Falotico
will remain chairman of the Ford Motor Credit Company board of
directors.
Since October 2016, Falotico has been group vice president and
chairman and CEO, Ford Motor Credit Company, a leading global
automotive financial services company with $151 billion in
receivables and Ford’s second-largest profit contributor. In
29 years at Ford Credit, she has served in a number of executive
positions around the world, including leading Marketing and Sales,
working side-by-side with Ford to support sales and dealer success,
and strengthening consumer and dealer service.
“Joy has been a driving force behind not only Ford Credit’s
consistently strong financial performance but also its business
model innovation and transition to a digital customer platform,”
Farley said. “She brings marketing experience and a deep customer
focus as Ford enters a very busy new product launch period to drive
growth in revenue and profitability.”
Succeeding Falotico is David McClelland, who is named vice
president of Ford Motor Company and CEO, Ford Credit. A 25-year
veteran of Ford Credit, McClelland, 48, has served in a variety of
leadership positions, including most recently as executive vice
president, Marketing and Asia Pacific. McClelland has been
instrumental in Ford Credit’s growth in China, as well as Ford
Credit’s move into new fintech and mobility initiatives, such the
Canvas vehicle subscription service and online financing. His
appointment is effective March 1 and he will report to Bob Shanks,
executive vice president and chief financial officer.
John Lawler is appointed vice president, Strategy, succeeding
Rowley. Lawler, 51, who joined Ford in 1990, brings a deep
background in finance and general management into the strategy
role, including his current position as Ford’s corporate
controller. Lawler also previously served as chairman and CEO, Ford
China. He will report to Shanks in the new role effective March
1.
Lawler will support Hackett in advancing the global initiatives
underway to dramatically improve Ford’s operational fitness. He
also will help lead the company’s execution of strategic choices
that define where Ford allocates capital in the future to win and
grow.
Cathy O’Callaghan, 49, is named vice president and corporate
controller, and CFO, Global Markets, succeeding Lawler.
O’Callaghan, who joined Ford in 1990, brings a wealth of finance
experience having held several senior level positions globally. She
is currently chief financial officer, Ford South America.
O’Callaghan will report to Shanks in her role as corporate
controller and Farley in her role as CFO, Global Markets. Her
appointment is effective June 1 and her replacement will be the
subject of a future announcement.
About Ford Motor Company
Ford Motor Company is a global company based in Dearborn,
Michigan. The company designs, manufactures, markets and services a
full line of Ford cars, trucks, SUVs, electrified vehicles and
Lincoln luxury vehicles, provides financial services through Ford
Motor Credit Company and is pursuing leadership positions in
electrification, autonomous vehicles and mobility solutions. Ford
employs approximately 202,000 people worldwide. For more
information regarding Ford, its products and Ford Motor Credit
Company, please visit www.corporate.ford.com.
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