Farley named VP, president of global markets for Ford
Jim Farley, 54, head of Ford Europe, Middle East and Africa since January 2015, will become executive vice president and president of global markets for Ford Motor Co. as part of the leadership shakeup.
Ford said Farley will oversee Ford’s regions, global marketing and sales and Lincoln Motor Co. Farley will also oversee the strategy and business model development for electrified vehicles and autonomous vehicles. Farley led Ford’s business transformation in Europe. Before joining Ford in 2007, Farley was group vice president and general manager of Lexus, responsible for all sales, marketing and customer satisfaction activities for Toyota’s luxury brand. He will report to new Ford CEO Jim Hackett.
Hackett said Monday, "Farley comes back with a track record, not only in Ford Europe, of being transformative as well. But before he came to Ford he had a sterling career in inventing things.
"(He’s a) perfect partner for me to look at the status quo, in all of our markets, but also eases some of the span of control challenges that I saw so that I could have a smaller team," Hackett said of Farley. "So he’s going to take more responsibility.”
Farley has been with Ford since November 2007. Prior to taking responsibility for the company's Europe, Middle East and Africa markets, he served as executive vice president of global marketing, sales and service for the company.
Farley came to Ford in 2007 from Lexus, where he was group vice president and general manager of Lexus. Farley started in the auto industry in 1990 at Toyota, where he worked in the Japanese automaker's in strategic planning department and served in several product and marketing positions in the United States and Europe.
Farley is an alumnus of Georgetown University in Washington, D.C., where he earned a bachelor’s degree in economics and computer science, and the University of California, Los Angeles where he completed his MBA with a focus in finance.
Other moves at Ford: