Ford Motor Co Chief Executive Officer Mark Fields made $18.6 million in salary and other compensation last year, below the $23.2 million that predecessor Alan Mulally received in 2013, the company said on Friday, reported Reuters. Last year’s compensation for Fields, 54, was for half the year as CEO and half as chief operating officer. ... Read More »
NEW YORK — Ford CEO Mark Fields said the Dearborn automaker has no plans to move its Lincoln luxury brand to New York after its domestic rival made the move, reported The Detroit News. He added that the company is committed to the revival of Lincoln. General Motors Co. in September announced it was moving ... Read More »
Ford executive chairman Bill Ford Jr. said the transition to a new chief executive in recent weeks has been smooth, reported The Detroit News. Mark Fields took over as president and CEO on July 1 after Alan Mulally stepped down. Ford Jr. said the transition had been “perfect. … The transition’s been great. I’m thrilled. ... Read More »
Ford Motor Co. today announced the first senior executive changes under CEO Mark Fields, reported Michigan Live. The moves affect the Dearborn-based automaker’s research and advanced engineering and luxury Lincoln brand. Kumar Galhotra, currently vice president of engineering, will become vice president and president of Lincoln on Sept. 1, replacing Jim Farley, who will remain ... Read More »
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