In a bid to propel its Ford+ plan forward and drive profitable growth, Ford Motor Company has announced key senior leadership changes, effective early June.
John Lawler, who has served as Ford’s CFO since October 2020, will now assume the role of vice chair in addition to continuing as CFO. Lawler’s expanded responsibilities will see him spearheading critical areas crucial to Ford’s long-term success, including strategic development, global partnerships, and engagement with industry leaders across key regions like China, Southeast Asia, and Europe.
Commenting on Lawler’s new role, Ford President and CEO Jim Farley expressed confidence in his ability to leverage his extensive experience and talent to bolster Ford’s competitive position in the rapidly evolving automotive landscape.
Meanwhile, Sherry House, former CFO at electric vehicle manufacturer Lucid Motors, is set to join Ford as vice president of Finance. She will be tasked with overseeing financial planning and analysis, as well as the finance organizations for Ford’s automotive businesses: Ford Blue, Ford Pro, and Ford Model e. House is slated to succeed Lawler as CFO in early 2025.
Farley emphasized House’s unique blend of experience in investment banking, mobility, technology, and the automotive sector, underscoring her potential to contribute significantly to Ford’s efforts in building a profitable EV business and driving innovation.
Lawler’s career at Ford spans various leadership roles, including president of Ford China and oversight of Ford’s autonomous vehicles business and mobility partnerships. He expressed enthusiasm for his expanded role, highlighting the opportunities it presents to advance Ford’s global strategy.
House, who brings a wealth of experience from her tenure at Lucid Motors and previous roles at Waymo and General Motors, expressed excitement about joining Ford during a pivotal moment for the company and the industry at large.
With these leadership changes, Ford is poised to navigate the challenges and opportunities of the evolving automotive landscape, driving forward its vision for sustainable growth and innovation.
Ford Motor Company’s strategic leadership moves underscore its commitment to accelerating growth and innovation amidst a rapidly transforming automotive industry. With Lawler and House at the helm of key financial and strategic initiatives, Ford aims to strengthen its competitive position and drive long-term success in an increasingly dynamic market landscape.
