Ford CEO Says ‘Hell Yes’ to Keeping Job
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Ford Motor Co.’s Jim Hackett is taking some heat for his turnaround efforts from a Wall Street analyst who questions how much longer the chief executive officer will be around.
Morgan Stanley’s Adam Jonas pressed Ford’s CEO for more detail on what $11 billion worth of restructuring will buy the second-largest U.S. automaker, which announced Wednesday it may need three to five years to revamp itself. The analyst asked whether Hackett, 63, will still be in the job by the time Ford is ready to hold an investor day and give more specifics.