By Colin Kellaher 
 

Ford Motor Co. (F) on Thursday said Bob Shanks, its chief financial officer, will retire at the end of the year.

The auto maker said Tim Stone, a 20-year Amazon.com Inc. (AMZN) veteran and former chief financial officer of Snap Inc. (SNAP), will succeed Mr. Shanks as CFO on June 1.

Ford said Mr. Stone, 52 years old, will join the company on April 15 as an officer.

Snap in January announced the surprise departure of Mr. Stone, who spent less than a year as chief financial officer of the social-media company after joining from Amazon, where he led the integration of the online retail giant's $13.7 billion acquisition of Whole Foods.

Ford said Mr. Shanks, 66, will work with Mr. Stone on the transition. The 42-year Ford veteran will then work on special projects through the end of the year, the auto maker said.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 21, 2019 08:32 ET (12:32 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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