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The firm also issues commercial paper and other debt instruments on Ford's behalf. Ford Credit also owns Lincoln Automotive Financial Services, the arm that finances Lincoln vehicles. Ford earned $2.63 billion EBIT with its Ford Credit segment in 2018, up from $2.31 billion in 2017. 2018 was the segment's highest full-year EBT in eight years.
Jim Farley (businessman) James Duncan Farley Jr. (born June 10, 1962) is an American businessman who is CEO of Ford and a board member of Harley-Davidson. [1] His career in automobiles was inspired by his grandfather, who began work at Henry Ford 's River Rouge Plant in 1918. [2]
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CEO and Chairman of Ford Motor Company No. Name Took office Left office Role 1 John S. Gray: 1903 1906 CEO 2 Henry Ford: 1906 1945 CEO 3 Henry Ford II: 1945 1979 CEO – Ernest R. Breech: 1955 1960 Chairman – Henry Ford II: 1960 March 13, 1980 Chairman 4 Philip Caldwell: 1979 February 1, 1985 CEO – Philip Caldwell: March 13, 1980
The Henry Ford II World Center, also commonly known as the Ford World Headquarters and popularly known as the Glass House, [1] [2] is the administrative headquarters for Ford Motor Company, a 12-story, glass-faced office building [3] designed to accommodate a staff of approximately 3,000. The building is located at 1 American Road at Michigan ...
For the quarter, Ford reported revenue of $42.8 billion, beating estimates of $40.04 billion and up 3% compared to a year ago. Ford posted adjusted earnings per share of $0.49, topping forecasts ...
In January 2019, Hackett sent an email to Ford employees that read, "2018 was mediocre by any standard. Yes, we made $7 billion last year. But think of it this way: this represents a 4.4 percent operating margin, about half what we believe is an appropriate margin. So we are aiming for much closer to $14 billion.”