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Developing Story: Ford CEO Jim Hackett is Out, Jim Farley Steps In

We have breaking news out of Ford Motor Company. CEO Jim Hackett is stepping down from his position effective October 1st. He will be succeeded by Jim Farley who currently serves as Ford’s Chief Operating Officer. The departure of Hackett comes after three years as the standing CEO of the company. Since Alan Mulally, Jim Farley will be the third CEO in just six years. This is a developing story that we will continue to follow. Read more about this story here.

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