Ford Motor has appointed Kumar Galhotra as President of the North American operations in place of Raj Nair who is exiting the company.
Galhotra, who was previously in charge of the Lincoln brand, was named Chief Marketing Officer in 2017. He will assume his new role on March 1, 2018, and will report to Jim Farley, President of Global Markets.
Ford had announced the departure of Raj Nair, Executive Vice President and President, North America on Wednesday, on the grounds of misconduct.
An internal investigation, which was conducted following an anonymous complaint, found Mr. Nair’s behavior to be unprofessional. Details regarding the complaint and investigation remain undisclosed.
Nair has served at Ford for more than 30 years.
More New Appointments
Ford has announced additional changes to its executive team.
Joy Falotico will succeed Kumar Galhotra as Vice President of Lincoln and Chief Marketing Officer.
David McClelland will succeed Joy Falotico as CEO of Ford Credit.
Stuart Rowley has been named Vice President and Chief Operating Officer of Ford North America. He will report to Kumar Galhotra.
John Lawler will take over the role of Vice President of Strategy from Stuart Rowley.
Cathy O’Callaghan has been named Vice President and Corporate Controller and Chief Financial Officer of Global Markets.
Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a
PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the
With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,