Within 72 hours of warning Wall Street that it plans to spend $1 billion more than expected this quarter on supply chain costs, Ford Motor Co. announced the reorganization of part of its team executive that oversees supply chain management and product development – all while adding even more silicon. Valley Tech Talent.
Parts shortages delay production and delivery, frustrate customers and disappoint investors. Pickup trucks awaiting parts are stored in lots around Dearborn and other cities.
Ford, which saw its stock price plummet on the disappointing news, said in a press release on Monday that these latest leadership changes will “strengthen product creation and transform global supply chain management.”
The company noted in the statement that the situation is fluid as it seeks a leader to handle the situation.
Ford continues to poach top Silicon Valley corporate executives as the 119-year-old automaker delves into electric vehicle (EV) production and digital connection.
Latest management changes include:
- Doug Field is expanding his position as director of advanced product development and technology as Ford Model e ramps up its all-electric operations. He will continue to oversee electric vehicles, software and digital systems development, and driver assistance, while now taking on vehicle hardware design and engineering.
- Jim Baumbick assumes the role of Vice President, Product Development Operations, Cycle Planning and Internal Combustion Engine Programs to lead all product development for Ford Blue.
- John Lawler, Ford’s chief financial officer, stepping in as acting global supply chain director to ‘oversee an overhaul of Ford’s global supply chain operations’ until someone is chosen to the post.
- Roz Ho joined the company in October after working for three years as vice president and global head of software at HP in Palo Alto, Calif., and before that at companies such as Microsoft.
- Jae Park, a former vice president of Google and Amazon, joined Ford in August as vice president of digital product design, according to his LinkedIn company profile. He spent more than 11 years at Microsoft as creative director and design manager.
- Sammy Omari joins Ford as executive director of advanced driver assistance technologies. His LinkedIn profile describes him as vice president of engineering, responsible for autonomy and mapping at Motional, the driverless vehicle joint venture between Hyundai and Aptiv. Previously, Omari oversaw motion planning, motion software controls, and prediction at Lyft. He also worked as director of engineering, in charge of robotics, computer vision and machine learning, at GoPro.
- Rob Bedichek, formerly of Intel and Apple, is continuing in a role as executive director of platform architecture he started in December, according to LinkedIn. It designs computer systems and services. Ford announced its hiring with these latest developments.
- Lisa Drake, vice president of electric vehicle industrialization, now leads manufacturing engineering as Ford strives to reach a production rate of 2 million electric vehicles per year by the end of 2026.
- Chuck Gray, who served as vice president of EV technology, becomes vice president of automotive hardware engineering.
- Drake and Gray both report to Field, as does Ford design director Anthony Lo.
- Jonathan Jennings, vice president, supply chain, has additional responsibility for technical support and supplier quality and reports to Lawler.
Ford CEO Jim Farley said in a statement, “Developing and scaling the next generation of electric and software-defined vehicles requires a different approach and mix of talent from the accomplished Ford team and many exciting new colleagues joining our company.
In July, Ford hired former Tesla executive Annie Liu to secure supplies.
“Ford is transforming its global supply chain management capability to support efficient and reliable component sourcing, in-house development of key technologies and capabilities, and world-class quality and cost execution,” said Farley. in the press release.
Ford’s line of profit-driving Blue Ford gas-powered vehicles, which includes the F-Series, Mustang, Ranger and Bronco, and Maverick, remains key to the overall strategy as it has ‘driven demand and market share gains’ , Farley said.
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Earlier, Ford announced that Hau Thai-Tang, director of the industrial platform, will retire on Oct. 1, and Dave Filipe, vice president, vehicle hardware modules, will retire effective Dec. 1. Each has worked at Ford for three decades.
Thousands of vehicles are still waiting
On Monday, the automaker released the grim news about chip shortages and other issues. Ford said in a press release that it expects to have between 40,000 and 45,000 partially built vehicles stored on lots in various cities awaiting parts by the end of September. The company releases its third quarter financial statements on October 26.
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Contact Phoebe Wall Howard: 313-618-1034 or email@example.com. Follow her on Twitter @phoebesaid