Wall Street has no faith in Farley or his projections. They are laughing off 100K Fathom orders. 10% yoy sales declines. Accounting smoke and mirrors make Pro more profitable than the F-150. Instead of laying off failures, they keep collecting paychecks as Executive Director for Europe digital services, which nobody pays for, thus Pro smoke and mirrors needed. There needs to be layoffs, but starting at the overweight and overpaid BOD and LL3+ level.
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The BOD is hired and paid by Bill Ford to rubber stamp every thing he wants. Get out before Farley “retires” and Alexandra is anointed CEO.
@eh the only explanation is that for the brief second a Canopy camera actually worked it caught Bill and Farley with a pair of sheep.
I don't know, I'd rather see marketing cleaned out first.
This...this right here is why we continue to engage here. To see you show up when properly baited and get absolutely pummelled. Thank you so much.
When someone can cost Ford $200 million with the Canopy Security debacle and still be collecting a paycheck here for vacationing around while accomplishing nothing, they are the Ford employee everyone hope to be.
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In case people already forgot, Farley said in a town hall early last year that 2027 was the end of the line. It was obvious (to me at least) that he was talking about his tenure.
I hope the Fathom launches before he leaves. It is wild that he could be CEO this long and our vehicle lineup is still derived from Jim Hackett era ideas and decisions.
When the stock holders start pushing for change is the sign you are looking for. Farley is almost 65. With the UAW contract up in 28 … you need a new CEO in place before this. So Farley is probably retiring in the spring of 27.
Probably about the same day that Bill finally comes out of the closet.
I wonder if they'll have the smarts to keep Bill's nepo kids in cushy irrelevant jobs rather than anything consequential.
There is only one person on the board of directors who matters, his name is Bill, and he’s clearly pretty checked out. That said…God help us when the next generation of the family takes over.
NOPE. Need a fall guy to blame.
The BOD knows the investment made in the UEV and more importantly the software-led services over the past few years will pay off. In profits, market share, and customer delight. The BOD believes in the direction for the company the JF has established.