Form 8-K/A · Current Report · Filed 2024-11-07
Peter C. Stern to Resign as President of Ford Integrated Services
On October 30, 2024, Ford Motor Company announced that Peter C.
- Filer
- Ford Motor Company F · NYSE
- Filed
- Accession
- 0000037996-24-000191
- CIK
- 0000037996
- Signal
- High impactConsumer Cyclical
- Source
- Official filing on sec.gov ↗
Details
Stern, President of Ford Integrated Services, will resign from his position effective December 31, 2024. Mr. Stern will provide transition services until his departure and his effective separation date has been extended from December 15, 2024.
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Market reaction
Close before filing
$11.19
Next session
-2.0%
Since filing
+31.2%
Latest close
$14.68
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Precedent
Previous filings from F reporting the same item, with the next session's move:
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.
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