This Week is Showtime for Ford's New CEO

This Week is Showtime for Ford's New CEO

It's time for Ford Motor Company's (NYSE: F) new CEO to share his vision and plan for the Blue Oval. 

Jim Hackett, who took Ford's top job in May, is expected to present his plan for the company to analysts in a "strategic update" scheduled for Tuesday, Oct. 3, after the market closes.  

Ford's board of directors ousted former CEO Mark Fields and installed Hackett in part because directors were unhappy with the Blue Oval's sagging stock price. Tuesday's update is a big opportunity for Hackett to convince Wall Street that he will take Ford on a more promising path. 

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Source: Fool.com