Less than a month after taking over as Ford Motor Co.’s CEO, Mark Fields is making his first tweak to the company’s leadership team by replacing Jim Farley as the head of Lincoln with Kumar Galhotra, who had been vice president of engineering. The pair will report to Fields and the change is effective Sept. 1.
Farley, who came to Ford from Toyota with a reputation as a brilliant marketer and will remain in charge of global marketing, was charged with creating a new approach to customers for the company’s struggling luxury unit.
However, as Lincoln rebuilds and expands it’s only natural that the brand has a dedicated leader, Ford officials said. (more…)