Ford Seeks European Fix in Top Leadership Swap

Ford is implementing management changes to improve its performance in Europe. Jim Farley, known for his success with Lexus, is moving to Europe to lead a turnaround. Meanwhile, Stephen Odell will return to Detroit as the new Chief Marketing Officer. This is part of Ford's strategy to rotate managers across regions, a practice they've successfully employed in the past. The company aims to enhance its competitive edge globally.

What is Jim Farley's new role at Ford?

• Chief Executive Officer

• Head of European Operations

• Head of North American Operations

• Chief Financial Officer

What is the main reason for Jim Farley's move to Europe?

• To oversee Ford's global marketing strategy

• To manage Ford's luxury car division

• To expand Ford's market in Asia

• To revive Ford's financial performance in Europe

What position will Stephen Odell take upon returning to Detroit?

• Chief Marketing Officer

• Chief Financial Officer

• Head of European Operations

• Chief Executive Officer

What is Ford's strategy in moving managers like Stephen Odell?

• To focus on luxury car sales

• To increase production efficiency

• To provide managers with diverse regional experiences

• To reduce operational costs

What is the main takeaway from Ford's recent management changes?

• Ford is exiting the European market

• Ford is implementing strategic management reshuffling

• Ford is focusing on electric vehicles

• Ford is reducing its workforce