Ford Motor Co. on Thursday announced changes within its leadership ranks around product development and supply chain management that include expanded roles for some executives and new hires with Silicon Valley backgrounds.
Among the changes: Chief Financial Officer John Lawler will take responsibility for the company's global supply chain organization on an interim basis while the company looks for a chief supply chain officer. Lawler will be tasked with overseeing a "makeover" of Ford's global supply chain operations. Jonathan Jennings, vice president of supply chain, also will take on additional responsibilities.
The "makeover" comes on the heels of Ford warning investors that the effects of inflationary pressures and supply constraints would be reflected in the company's third-quarter earnings.