Ford Motor Company has implemented significant changes within its leadership team as part of its strategic objectives for continued growth and success. John Lawler, who has held the position of Chief Financial Officer since October 2020, will assume the additional role of Vice Chair. This decision has been made with the aim of steering the company towards long-term success. Concurrently, Sherry House, the former CFO of electric vehicle manufacturer Lucid Motors, will be joining Ford as the Vice President of Finance, with expectations of assuming the CFO position in early 2025.
The newly appointed positions will take effect from early June and form a crucial part of Ford’s Ford+ plan. This plan is dedicated to establishing a profitable electric vehicle business and creating novel revenue streams to bolster Ford’s position as a resilient and dynamic corporation.
In his capacity as Vice Chair, Lawler will spearhead the company’s strategic initiatives to ensure its competitive advantage in the ever-evolving global market. Meanwhile, Sherry House’s extensive background in investment banking, mobility, and technology, particularly within the electric vehicle and autonomous driving sectors, will be a valuable asset as Ford continues to adapt to the transforming automotive industry.
Drawing on Lawler’s extensive career at Ford, including his tenure as President of Ford China, as well as his oversight of Ford’s autonomous vehicle business and mobility partnerships, his experience makes him well-equipped to drive the company’s global strategy and capitalize on the opportunities presented by Ford+.
As for House, her return to her home state signifies a significant milestone in her career. Her diverse background in the automotive and technology sectors, coupled with her involvement in venture capital and startups, positions her well to contribute to Ford’s achievements.
These notable changes in leadership reflect Ford’s commitment to a new phase of expansion and innovation. The company’s Ford+ plan is centred on delivering pioneering vehicles and services to its clientele. This encompasses the development of traditional and hybrid vehicles, the creation of groundbreaking electric vehicles, and the provision of bespoke services for commercial customers through its Ford Pro segment.
These appointments mark an exciting and pivotal period for Ford and the automotive industry at large. With strong leaders at the helm, Ford is primed to continue its mission of shaping a better world where everyone can move freely and pursue their aspirations.