, Columnist
Ford’s Blue Sky CEO Has Investors Treading Water
It’s not clear how the company will tackle pressing liquidity and leadership problems.
Jim Hackett could try telling us what the plan is to tackle Ford’s problems.
Photographer: Jeff Kowalsky/BloombergThis article is for subscribers only.
In a fractious call with analysts last month, during which Ford Motor Co.’s management were once again lambasted for their vagueness about planned restructuring measures, Chief Financial Officer Bob Shanks did make at least one revealing comment:
He was referring, of course, to Ford’s unprofitable international operations and a portfolio that’s still too heavily skewed towards unpopular sedan cars — factors that contributed to a shock profit warning.