Ford CEO Jim Hackett to step down after 3 years in top role

Ford announced Tuesday that CEO Jim Hackett will step down from the current lead role on October 1. His successor has been named as Jim Farley, currently Ford's chief operating officer. Hackett has been a board director of Ford since 2013 and at one point was in charge of the automaker's mobility division. He was named CEO of the automaker in 2017...