|Day's Range||32.740 - 33.250|
|52 Week Range||27.340 - 38.550|
|PE Ratio (TTM)||5.07|
|Dividend & Yield||1.52 (4.65%)|
|1y Target Est||N/A|
Yahoo Finance's Jen Rogers, Andy Serwer and Melody Hahm discuss the ouster of Ford CEO Mark Fields and the naming of Jim Hackett, a former CEO of Steelcase.
WASHINGTON/DEARBORN, Mich., May 22 (Reuters) - Ford Motor Co on Monday named James Hackett as chief executive officer, responding to investors' unease about the U.S. automaker's stock price and ability to withstand threats from longtime industry rivals and Silicon Valley. Hackett, 62, who overhauled furniture maker Steelcase Inc and then turned around the ailing University of Michigan football program, for the past year has led the Ford unit developing self-driving cars and related services. As part of a broader shake-up, he replaces Mark Fields, 56, who spent less than three years as CEO.
Ford is replacing CEO Mark Fields as it struggles to keep its traditional auto-manufacturing business running smoothly while remaking itself as a nimble, high-tech provider of new mobility services. The ...