Categories Finance, U.S. Markets News
Ford names new North American head after exit of executive; undergoes management shuffle
Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is exiting the company.
Galhotra, who was previously in charge of the Lincoln brand, was named Chief Marketing Officer in 2017. He will assume his new role on March 1, 2018, and will report to Jim Farley, President of Global Markets.
Ford had announced the departure of Raj Nair, Executive Vice President and President, North America on Wednesday, on the grounds of misconduct.
An internal investigation, which was conducted following an anonymous complaint, found Mr. Nair’s behavior to be unprofessional. Details regarding the complaint and investigation remain undisclosed.
Nair has served at Ford for more than 30 years.
![Kumar Galhotra](https://news.alphastreet.com/wp-content/uploads/2018/02/Kumar-Galhotra-Ford1-1024x682.jpg)
More New Appointments
Ford has announced additional changes to its executive team.
Joy Falotico will succeed Kumar Galhotra as Vice President of Lincoln and Chief Marketing Officer.
David McClelland will succeed Joy Falotico as CEO of Ford Credit.
Stuart Rowley has been named Vice President and Chief Operating Officer of Ford North America. He will report to Kumar Galhotra.
John Lawler will take over the role of Vice President of Strategy from Stuart Rowley.
Cathy O’Callaghan has been named Vice President and Corporate Controller and Chief Financial Officer of Global Markets.
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%