Ford Motor Company Appoints New Vice Chair and VP of Finance

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Also appointed was Sherry House as Vice President of Finance, who will transition to Chief Financial Officer after a period of collaboration with Lawler. Lawler's compensation was adjusted with an increased annual bonus target, stock award, and use of company aircraft. House's compensation includes a base salary, annual bonus, stock award, and a sign-on bonus.

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About Ford Motor Company

Ford Motor Company, a prominent entity in the automotive sector, is renowned for designing, manufacturing, and selling a full line of trucks, utility vehicles, and cars, domestically and internationally. This esteemed company, founded in 1903 and headquartered in Dearborn, Michigan, also holds a significant presence in the automotive financial services landscape through Ford Credit. Ford’s commitment to innovation is evident in its push towards sustainable and smart vehicles, including the development of electric and autonomous driving technologies. As a key player in the automotive industry, Ford impacts several sectors, including manufacturing, transportation, and energy. Its operations influence global supply chains, employment, and economic health. The company's broad market reach, storied history, and strategic emphasis on future mobility solutions reinforce its integral role in the automotive market's advancement and evolution.