DETROIT — Ford Motor Co., in the midst of a global transformation plan, is expanding the roles of two of its top executives as the automaker's head of mobility retires.
Jim Farley, 56, Ford's president of global markets, will take over Marcy Klevorn's mobility role in his new title of president of new businesses, technology and strategy. He'll oversee strategy, Ford's Smart Mobility subsidiary, its autonomous vehicle unit, research and advanced engineering, corporate partnerships and global data insight and analytics.
Joe Hinrichs, 52, Ford's president of global operations, will become president of automotive. He'll be in charge of Ford's global operations, including product development, purchasing, manufacturing, and marketing and sales, as well as the company's global business units: North America, South America, Europe, China and International Markets Group.
Their appointments are effective May 1.
Klevorn, 59, president of mobility, will retire in October after 36 years with the company.
"In the past two years, we have made tangible progress in improving the fitness of our business, overhauled our regional strategies, created a winning product portfolio, and are working to transform Ford to succeed in an era of profound change and disruption," CEO Jim Hackett said in the statement. "With this strong foundation in place for our auto and mobility businesses, we can now accelerate our transformation."
This report will be updated.
