Jim Farley (businessman) explained
James Duncan Farley Jr. (born June 10, 1962) is an American businessman who is CEO of Ford and a board member of Harley-Davidson.[1] His career in automobiles was inspired by his grandfather, who began work at Henry Ford's River Rouge Plant in 1918.[2]
Background
Farley was born to a banker father in Buenos Aires, Argentina, where he spent his early years, before moving to Greenwich, Connecticut. Before university, Farley attended Portsmouth Abbey School, a Catholic, college preparatory school in Portsmouth, Rhode Island. He graduated from Georgetown University and then later, the University of California, Los Angeles. He is a cousin of the entertainers Chris Farley, Kevin Farley, and John Farley. He is also a cousin of Carolina Hurricanes TV analyst and former NHL and AHL player Tripp Tracy. [3]
Early career
Before joining Ford in November 2007, Farley was group vice president and general manager of Lexus, responsible for all sales, marketing, and customer satisfaction activities for Toyota’s luxury auto brand.[4] From 2015 to 2017, he was CEO and chairman of Ford Europe. From June 2017 to May 2019, he was Executive Vice President and president of Global Markets. From May 2019 to February 2020, Farley was president, New Business, Technology and Strategy.
Senior career
On August 4, 2020, Ford announced that Farley would succeed Jim Hackett as the CEO of Ford on October 1, 2020. At the same time, it was announced that Hackett would retire and become a special advisor.[5] [6] In July 2021, Farley was nominated to join the board of directors for Harley-Davidson by the company's CEO Jochen Zeitz in an effort to revitalize the motorcycle maker and prepare it for an electric future.[7] [8]
Notes and References
- Web site: Executive Profile; Ford Motor Company; James D. (Jim) Farley, Jr. . ford.com . October 1, 2020 . November 30, 2020 . December 1, 2020 . https://web.archive.org/web/20201201193336/https://media.ford.com/content/fordmedia/fna/us/en/people/james-d--farley--jr-.html . live .
- Web site: James D. Farley, Jr. Ford Media Center. media.ford.com. January 20, 2020. January 2, 2020. https://web.archive.org/web/20200102111605/https://media.ford.com/content/fordmedia/fna/us/en/people/james-d--farley--jr-.html. live.
- Web site: Howard. Phoebe. A man who can build a car by hand leads Ford into future; 'He's just never afraid'. Detroit Free Press. December 8, 2020. November 27, 2020. https://web.archive.org/web/20201127005044/https://www.freep.com/story/money/cars/ford/2019/06/19/ford-executive-jim-farley-toyota/1299871001/. live.
- Web site: James D. Farley, Jr. . Ford Media Center . January 20, 2020 . January 2, 2020 . https://web.archive.org/web/20200102111605/https://media.ford.com/content/fordmedia/fna/us/en/people/james-d--farley--jr-.html . live .
- Web site: Ford Announces Jim Hackett to Retire as President and CEO . shareholder.ford.com . Ford Motor Company . August 4, 2020 . August 2, 2022 . https://web.archive.org/web/20220802172833/https://s23.q4cdn.com/799033206/files/doc_news/2020/08/04/Ford-Leadership-Announcement-Aug-4-2020.pdf . live .
- News: Colias. Mike. August 4, 2020. Ford Names Jim Farley as New CEO, Succeeding Jim Hackett. en-US. The Wall Street Journal. August 5, 2020. 0099-9660. August 4, 2020. https://web.archive.org/web/20200804235220/https://www.wsj.com/articles/ford-chief-executive-jim-hackett-to-retire-11596546686. live.
- Web site: Brown. Kristen. Harley-Davidson Nominates Ford CEO Farley to Join Its Board. live. July 1, 2021. Bloomberg. April 24, 2021. https://web.archive.org/web/20210424182734/https://www.bloomberg.com/news/articles/2021-04-11/harley-davidson-nominates-ford-ceo-farley-to-join-its-board.
- Web site: Harley-Davidson names Ford's top executive to board, filling Chipotle CEO's seat. live. July 15, 2021. Milwaukee Business Journal. April 12, 2021. https://web.archive.org/web/20210412154934/https://www.bizjournals.com/milwaukee/news/2021/04/12/harley-davidson-names-ford-ceo-to-board.html.
