Ford Names Hackett as CEO to Tackle Car Rivals, Silicon Valley

Hackett, 62, known as a turnaround expert who for the past year has led the Ford unit developing self-driving cars and related projects, replaces Mark Fields, 56, who spent less than three years as CEO.
Ford, once the most financially secure of the ‘Big Three’ Detroit automakers… … now finds itself under pressure on all sides as overall U.S. auto sales fall.