Close Menu
Crazy Peks NewsCrazy Peks News
  • Home
  • America
  • Asia
  • Europe
  • Business & Money
  • Politics
  • Technology
  • Sports
  • Entertainment
  • Privacy Policy
  • Get In Touch
Facebook X (Twitter) Instagram
Trending
  • Ford EV chief leaves automaker amid new restructuring efforts
  • Jury finds Live Nation and Ticketmaster illegally maintained monopoly power in ticketing market, in case brought by state attorneys general after DOJ settlement (NBC News)
  • Trump’s Rich Treasury Secretary Has No Idea Gas Prices Are a Crisis
  • Adobe unveils Firefly AI Assistant, capable of orchestrating and executing multi-step tasks on Creative Cloud applications, available in public beta in the coming weeks (Ivan Mehta/TechCrunch)
  • Starbucks Launches Beta App in ChatGPT to Fuel New Drink Discovery
  • Bank of America (BAC) results for the first quarter of 2026
  • ~90% say entertainment is one of the reasons they use TikTok, Instagram, or Snapchat, 57% send Snapchat messages daily, and 37% say TikTok impacts sleep (Pew Research Center)
  • Morgan Stanley (MS) 1Q 2026 results
Facebook X (Twitter) Instagram
Crazy Peks NewsCrazy Peks News
Demo
  • America
  • Asia

    US to establish fuel depot in Philippines to support operations in South China Sea – Radio Free Asia

    April 10, 2026

    Japan’s combat role in Philippine war drills signals shift in regional strategy – Radio Free Asia

    April 8, 2026

    PNG-Australia defense treaty creates jobs, poses risks amid growing Chinese influence – Radio Free Asia

    April 7, 2026

    Sino-US competition for rare earths triggers Pacific seabed mining project near Guam – Radio Free Asia

    April 1, 2026

    North Korean hackers offer $70,000 per month to act as front – Radio Free Asia

    March 26, 2026
  • Europe
  • Business & Money

    Ford EV chief leaves automaker amid new restructuring efforts

    April 15, 2026

    Starbucks Launches Beta App in ChatGPT to Fuel New Drink Discovery

    April 15, 2026

    Bank of America (BAC) results for the first quarter of 2026

    April 15, 2026

    Morgan Stanley (MS) 1Q 2026 results

    April 15, 2026

    Lucid Appoints Auto Industry Outsider as CEO, Expands Uber Deal

    April 14, 2026
  • Politics

    Trump’s Rich Treasury Secretary Has No Idea Gas Prices Are a Crisis

    April 15, 2026

    Farmers voted for Trump and now they are destroyed

    April 14, 2026

    Jamie Raskin just took a big step forward on the 25th Amendment

    April 14, 2026

    Eric Swalwell shows his lack of character in his resignation statement

    April 13, 2026

    Senator Reuben Gallego calls for Eric Swalwell to be expelled from Congress

    April 13, 2026
  • Technology

    Jury finds Live Nation and Ticketmaster illegally maintained monopoly power in ticketing market, in case brought by state attorneys general after DOJ settlement (NBC News)

    April 15, 2026

    Adobe unveils Firefly AI Assistant, capable of orchestrating and executing multi-step tasks on Creative Cloud applications, available in public beta in the coming weeks (Ivan Mehta/TechCrunch)

    April 15, 2026

    ~90% say entertainment is one of the reasons they use TikTok, Instagram, or Snapchat, 57% send Snapchat messages daily, and 37% say TikTok impacts sleep (Pew Research Center)

    April 15, 2026

    Analysis: Nearly 90 schools and 600 students worldwide were affected by naked AI-generated deepfakes; North America has seen nearly 30 reported cases since 2023 (Matt Burgess/Wired)

    April 15, 2026

    Late-stage U.S. growth and venture funds have raised $23.6 billion so far this year, up from $7.4 billion in 2025 and above the totals in any of the past 12 years, amid the AI ​​boom (Yuliya Chernova/Wall Street Journal)

    April 15, 2026
  • Sports
  • Entertainment
Crazy Peks NewsCrazy Peks News
Home » Ford EV chief leaves automaker amid new restructuring efforts
Business & Money

Ford EV chief leaves automaker amid new restructuring efforts

Stacey D. WallsBy Stacey D. WallsApril 15, 2026No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email


Doug Field, head of electric vehicles, digital and design at Ford Motor, speaks at the Louisville Assembly Plant as Ford shares its plans to design and assemble its “universal electric vehicle” platform on August 11, 2025.

Courtesy of Ford

DETROIT — Ford engineGoogle’s head of electric vehicles and software is leaving the automaker as it restructures its leadership and operations.

Ford said Wednesday that Doug Field – director of electric vehicles, digital and design – had “elected to leave the company following a transition over the next month.” A release announcing the move mentioned a “next chapter” for Field, but the executive declined to disclose specific plans during a Wednesday call with the media.

Field’s departure was announced in conjunction with Ford detailing a new executive structure that includes the creation of a “product creation and industrialization” organization within the company that will be led by Ford veteran and chief operating officer Kumar Galhotra.

Ford said the new structure will integrate Field’s responsibilities within the company’s global industrial systems group to help the automaker achieve certain goals in its “Ford+” business plan, such as its goal of an adjusted EBIT margin of 8% by 2029.

“Today is a very important moment for us at Ford, really for our next chapter. It’s also an important moment for all of us as leaders,” Ford CEO Jim Farley said Wednesday on the call with Field and Galhotra. “We believe this organizational change will truly help us achieve all of Ford Plus’ key goals.”

Field’s departure comes as Ford prepares to launch a next generation of electric vehicles that Farley says are as big as the company’s popular Model T.

Farley and Field on the media call said the next vehicle – a mid-size pickup built on Ford’s “Universal Electric Vehicle” or UEV platform due out next year – was in a strong position to continue in the new unit without Field.

“Ford will be transformed by bringing these products to the finish line. My team is ready, and they are ready to execute,” Field said Wednesday.

“The heart and soul” of Ford’s transformation

Ford on Wednesday described the new product creation and industrialization unit as an “end-to-end organization” that aims to “deliver one of the most intensive deployments of products, software and services in Ford history.”

The automaker plans to refresh 80% of its North American portfolio by volume and 70% of its global portfolio by volume by 2029, the company said. This includes the UEV pickup truck, the next-generation F-150, and the larger F-Series Super Duty lineup.

This product turnaround will also include new powertrain offerings and new software, Ford said Wednesday.

Ford CEO Considers Ending Ford Lightning EV Production: We're Monitoring Market Trends

“It really is the heart and soul of our transformation over the next two years,” Farley said. “This new structure allows us to move much faster, reduce complexity across the business, and deliver these great digital experiences and vehicles with greater quality and efficiency.”

By 2030, the company expects 90% of its global brands to offer electrified powertrains, including hybrids, extended-range electric vehicles and full electric vehicles. The goal is also for 90% of its Ford vehicles by volume to feature “updated electrical architectures, internally developed user experiences and hardware, and next-generation live capabilities for continuous improvement in experiences and services.”

Ford said new technologies will enable “the rapid deployment” of advances in its digital customer experience and the BlueCruise advanced driver assistance system, with an “evolutionary path” to Ford’s 2028 goal of achieving eyeless driving.

“We’re on the cusp of the biggest change the company has ever seen, which is delivering all these new software, hardware, products and services between 2027 and 29 that will not only allow us to achieve that 8% margin, but will also transform the company,” Farley said. “This is the team that will make this happen.”

Leadership shakeup

There will be no direct replacement for Field, who Ford executives praised when the automaker brought him to the company in 2021 after holding senior roles with the U.S. electric vehicle leader. Tesla And Apple.

Farley, who called Field’s hiring a “watershed moment” at the time, also spoke fondly of the executive on Wednesday. He said Field was an “invaluable partner” who “built a world-class team at Ford.”

Stock chart iconStock chart icon

hide content

Auto stocks

However, many of Ford’s software and electric vehicle initiatives have not yielded the expected results. Most notably, the automaker reported significant deficits in software revenue generation and announced in December that it would write down $19.5 billion related to the decline in electric vehicles and realignment of business priorities.

While several automakers have announced such impacts from electric vehicles, Ford’s depreciation was far greater than that of its closest rival. General engines, which announced approximately $7.6 billion in such fees.

In addition to Field’s departure, Ford on Wednesday announced a series of other changes to its advanced vehicle development products and European manufacturing.

“With this unified organization, I believe we are better positioned than ever to deliver high-quality vehicles, advanced digital experiences and cost-effective services at scale,” Galhotra said. “That’s what it’s all about.”

Make CNBC your favorite source on Google and never miss a moment from the most trusted name in business news.
automaker Chief efforts Ford leaves restructuring
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Stacey D. Walls

Related Posts

Starbucks Launches Beta App in ChatGPT to Fuel New Drink Discovery

April 15, 2026

Bank of America (BAC) results for the first quarter of 2026

April 15, 2026

Morgan Stanley (MS) 1Q 2026 results

April 15, 2026
Leave A Reply Cancel Reply

© 2026 Crazy Peks News | All rights reserved.
  • Home
  • Privacy Policy
  • Get In Touch

Type above and press Enter to search. Press Esc to cancel.