Jim Farley (businessman)

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Jim Farley
Born (1962-06-10) June 10, 1962 (age 59)
EducationGeorgetown University (BA)
University of California, Los Angeles (MBA)
OccupationCEO and President of Ford Motor Company
PredecessorJim Hackett
RelativesChris Farley (cousin)
Kevin Farley (cousin)
John Farley (cousin)

James D. Farley Jr. (born June 10, 1962) is an American businessman who is the CEO of Ford and a board member of Harley-Davidson.[1] His career in automobiles was inspired by his grandfather, who began work at Henry Ford's River Rouge Plant in 1914.[2]

Background[]

Farley was born in Argentina to a banker father, and graduated from Georgetown University.[3] He is a cousin of the entertainers Chris Farley, Kevin Farley, and John Farley.[4]

Early career[]

Before joining Ford in November 2007, Farley was group vice president and general manager of Lexus, responsible for all sales, marketing, and customer satisfaction activities for Toyota’s luxury auto brand.[5] From May 2019 to February 2020, Farley served at President, New Business, Technology and Strategy. From June 2017 to May 2019, he served as Executive Vice President and president of Global Markets. From 2015 to 2017, he was CEO and Chairman of Ford Europe.

Senior career[]

On August 4, 2020, Ford announced that Farley would succeed Jim Hackett as the CEO of Ford on October 1, 2020. At the same time, it was announced that Hackett would retire and become a special advisor.[6][7] In July 2021, Farley was nominated to join the board of directors for Harley-Davidson by the company's CEO Jochen Zeitz in an effort to revitalize the motorcycle maker and prepare it for an electric future.[8][9]

References[]

  1. ^ "Executive Profile; Ford Motor Company; James D. (Jim) Farley, Jr". ford.com. 2020-10-01. Retrieved 2020-11-30.
  2. ^ "James D. Farley, Jr. | Ford Media Center". media.ford.com. Retrieved 2020-01-20.
  3. ^ Vlasic, Bill. "Marketing Chief Works for a Turnaround". TheLedger.com. Retrieved 28 January 2015.
  4. ^ Howard, Phoebe. "A man who can build a car by hand leads Ford into future; 'He's just never afraid'". freep.com. Retrieved 8 December 2020.
  5. ^ James D. Farley, Jr., Ford Media Center
  6. ^ "Ford Announces Jim Hackett to Retire as President and CEO" (PDF). shareholder.ford.com. Ford Motor Company. Retrieved 4 August 2020.
  7. ^ Colias, Mike (2020-08-04). "Ford Names Jim Farley as New CEO, Succeeding Jim Hackett". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-08-05.
  8. ^ Brown, Kristen. "Harley-Davidson Nominates Ford CEO Farley to Join Its Board". www.bloomberg.com. Retrieved 2021-07-01.
  9. ^ "Harley-Davidson names Ford's top executive to board, filling Chipotle CEO's seat". www.bizjournals.com. Retrieved 2021-07-15.
Business positions
Preceded by Chief Executive of Ford Motor Company
October 1, 2020 – present 		Incumbent
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