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Ford Strategy Coming Under Tight Scrutiny

Board of directors expected to press Mark Fields for answers.

by on May.11, 2017

Ford CEO Mark Fields may be forced to answer some tough questions from the company's board of directors this week.

With its long history of sudden changes in top management, any suggestion inside the Ford Motor Co. that a key executive might be facing tough questions about the direction of their management is certain to create ripples.

The tremors around this week’s meeting of the company’s board of directors prior to the Ford’s annual shareholders meeting were created by reports that CEO Mark Fields was being asked to explain the company’s less than stellar performance in the first quarter of 2017.

Beyond the Headlines!

Ford’s profits dropped at the same time rivals such as General Motors Co., Fiat Chrysler Automobiles NV and Daimler AG were all posting big increases in profitability. The concerns were exacerbated by thousands of headlines indicating that on a market cap basis Tesla was now worth more than Ford. (more…)