James P. Hackett is the current CEO of Ford Motor Company, having taken the reins in May 2017. With a Bachelor of Arts and an MBA from the University of Michigan, Hackett has a strong background in business and management....
James P. Hackett is the current CEO of Ford Motor Company, having taken the reins in May 2017. With a Bachelor of Arts and an MBA from the University of Michigan, Hackett has a strong background in business and management. Before joining Ford, he was the CEO of Steelcase Inc., where he honed his skills in innovative product development and lean manufacturing. His leadership style focuses on performance and transparency, aligning executive compensation closely with company success. In 2020, Hackett's total compensation was about $16.7 million, a significant portion coming from vested stock options, showing his commitment to Ford's long-term goals. At Ford, Hackett has overseen substantial changes as the company shifts towards electric vehicles and new technologies, reflecting his ability to adapt and lead in the fast-paced automotive industry. Interestingly, Hackett's insider trading data indicates that he has been actively managing his stock holdings, with values fluctuating significantly, especially in 2021 when he sold over $15 million in stock. His decisions and strategies will likely shape Ford's future for years to come.