Reported 27 days ago
Ted Cannis, the CEO of Ford Pro, will retire at the end of the month after over 35 years at Ford. He has led the commercial vehicle unit since its inception in 2021, significantly increasing profitability. Cannis's retirement coincides with Ford facing challenges in its electric vehicle sector and ongoing pressure from shareholders for improved financial performance. The company is currently searching for Cannis's successor while his contributions, especially to the development of electric vehicles, are recognized.
Source: YAHOO