Who is CEO of Ford?
As of February 2025, the CEO of Ford Motor Company is Jim Farley. He has been leading the company since October 2020, bringing a wealth of experience in the automotive industry and a vision for transforming Ford into a leader in electric vehicles and smart mobility solutions.
Background on Jim Farley
Jim Farley has a long history with Ford and the automotive sector. Before becoming CEO, he held various leadership roles within the company, including Executive Vice President and President of Global Markets. His extensive background includes:
- Over 20 years of experience in the automotive industry.
- Leadership roles at Toyota and Lexus, where he gained valuable insights into customer experience and product development.
- A focus on innovation and technology, particularly in the areas of electric vehicles and connected services.
Ford's Vision Under Farley's Leadership
Under Jim Farley's leadership, Ford has been aggressively pursuing a strategy to transition towards electric vehicles. This includes:
- Investing billions in electric vehicle technology and infrastructure.
- Launching new electric models, including the all-electric Ford F-150 Lightning and the Mustang Mach-E.
- Enhancing Ford's software capabilities to improve vehicle connectivity and customer experience.
Farley's approach emphasizes sustainability, innovation, and a commitment to meeting the evolving needs of consumers in a rapidly changing automotive landscape.
Frequently Asked Questions
How much does the Ford family still own Ford?
The family owns all of the company's Class B shares, which are collectively entitled to elect 40% of the company's board of directors, with the remaining 60% elected by the holders of the company's publicly traded common stock.
Did Chris Farley's dad own an oil company?
Farley was born in Madison, Wisconsin. His father, Thomas “Tom” Farley, Sr., owned an oil company, and his mother was Mary Anne (née Crosby), a housewife. He had four siblings: Tom Jr., Kevin, John, and Barbara. His cousin, Jim, is a vice president at Ford Motor Company.
How many CEOS has Ford had?
CEOs and Chairmen
| No. | Name | Left office |
|---|---|---|
| – | William Clay Ford Jr. | Present |
| 10 | Alan Mulally | July 1, 2014 |
| 11 | Mark Fields | May 22, 2017 |
| 12 | James Hackett | September 30, 2020 |
Who owns most of Ford?
Who owns the most shares of Ford Motor (F)? Vanguard owns the most shares of Ford Motor (F).
What is Ford CEO's salary?
Farley and Ford have had the same $1.7 million in salary since 2021. The company explained Farley's compensation with these highlights in the regulatory filing: Led the company to "a solidly profitable year ...
Who is the current owner of Ford?
The company is listed on the New York Stock Exchange and is controlled by the Ford family. They have minority ownership but a plurality of the voting power.
Is Ford CEO related to Chris Farley?
To Ford Motor Co. CEO Jim Farley, he was his cousin Chris, the hilarious kid he grew up with whom he watched rise to fame on "Saturday Night Live" and shine in movies such as "Tommy Boy," while away from the spotlight he struggled with drug and alcohol addiction.
Who is the heir of Ford?
William Clay Ford Jr. (born May 3, 1957) is an American businessman, serving as executive chair of Ford Motor Company. The great-grandson of company founder Henry Ford, Ford joined the board in 1988 and has served as chair since January 1999.
Who is the new CEO of Ford?
CEO Jim Farley
WASHINGTON, Feb 12 (Reuters) - Ford Motor (F.N) , opens new tab CEO Jim Farley met with U.S. lawmakers on Wednesday after raising concerns this week that 25% tariffs on Mexico and Canada would "blow a hole" in the U.S. auto industry.
Who was the best CEO of Ford?
Alan Mulally's “working together” principles and practices are credited with transforming Ford Motor Company from near-bankrupt relic to global powerhouse. His philosophy is centered around people, communication, and a clear vision for success.
