Another Management Shakeup as Ford Prepares to Report Earnings
Ford Motor Company (NYSE: F) announced an overhaul of its top executive ranks on Tuesday. In the latest in a series of moves that began with Jim Hackett's appointment as CEO in May, a rising star will take over Ford's global marketing -- and four of Ford's senior leaders will depart.
Probably the most significant of today's moves is the news that Kumar Galhotra will become Ford's new chief marketing Officer. Galhotra is a well-regarded executive who has earned praise for leading the revival of Ford's Lincoln luxury brand. Galhotra will continue to lead Lincoln as he takes on a significant new set of responsibilities.
Kumar Galhotra, who has earned high marks for leading the recent revamp of Ford's Lincoln luxury brand, will now take on a broader role as Ford's new chief marketing officer. Image source: Ford Motor Company.
Source: Fool.com
Ford Motor Co. Stock
We see a rather positive sentiment for Ford Motor Co. with 13 Buy predictions and 2 Sell predictions.
With a target price of 14 € there is a positive potential of 21.8% for Ford Motor Co. compared to the current price of 11.49 €.
