Ford's incoming COO focuses on cost cuts, launches, change

Ford Motor Co’s incoming chief operating officer will outline on Wednesday his priorities for the company’s turnaround, including cost cuts and more efficient new-vehicle launches in a year that includes the introduction of a redesigned F-150 full-sized pickup truck. Strategy chief Jim Farley, who begins his role as Ford COO on March 1 after being appointed earlier this month, is scheduled to speak at a Wolfe Research conference in New York early on Wednesday. Slides for his presentation showed other key parts of his strategy, include speeding up Ford’s push in vehicle connectivity and its commercial vehicle …read more

Source:: Yahoo Finance

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