Ford Motor Company has announced strategic leadership changes aimed at accelerating its progress under the Ford+ plan and fostering profitable growth in a rapidly evolving automotive landscape. John Lawler, who has served as Ford’s CFO since October 2020, will take on the role of vice chair while continuing his CFO duties. In his new capacity, Lawler will spearhead critical initiatives crucial for the company’s long-term success.
Joining Ford is Sherry House, former CFO of Lucid Motors, who will assume the position of vice president, Finance. She is slated to succeed Lawler as CFO in early 2025, overseeing financial planning and analysis for Ford’s automotive divisions: Ford Blue, Ford Pro, and Ford Model e.
Lawler’s responsibilities as vice chair will include steering Ford through its strategic evolution, making pivotal decisions regarding technologies, markets, alliances, and segments. He will also lead global partnerships vital for Ford’s customer insights, technological advancements, and competitive edge, while engaging with key leaders worldwide to further the company’s strategic and commercial interests.
Ford President and CEO Jim Farley expressed confidence in Lawler’s ability to drive strategic focus and execution in the dynamic automotive landscape. He highlighted Lawler’s exceptional leadership and global expertise as assets crucial for Ford’s competitiveness.
Farley also emphasized the significance of House’s appointment, citing her expertise in building profitable EV businesses and her diverse experience spanning investment banking, mobility, and technology. He underscored her role in enhancing Ford’s dynamism and resilience as it navigates industry transformations.
Lawler brings a wealth of experience to his new role, having held various key positions within Ford, including president of Ford China and oversight of autonomous vehicles and mobility partnerships.
Expressing enthusiasm for the challenges ahead, Lawler underscored his commitment to advancing Ford’s global strategy through Ford+. Meanwhile, House expressed her excitement at joining Ford during a pivotal phase for both the company and the automotive industry. She brings a rich background in automotive and technology sectors, including leadership roles at Lucid Motors and Waymo.
House’s extensive experience in venture capital, private equity, and investment banking, coupled with her engineering background, positions her as a valuable addition to Ford’s leadership team.
In summary, Ford’s leadership transitions underscore its commitment to strategic evolution and profitability in an increasingly competitive landscape, with Lawler and House poised to play pivotal roles in shaping the company’s future.
