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Mr Tim Stone to succeed Mr Bob Shanks as CFO of Ford Motors

Auto News - Published on Mon, 25 Mar 2019

Image Source: USA Today
Ford Motor Company announced that Chief Financial Officer Bob Shanks plans to retire from the company at the end of 2019. He will be succeeded by Tim Stone, an accomplished finance executive who served 20 years at Amazon Inc and as CFO of Snap Inc. Mr Stone, 52, will join Ford on April 15 as a company officer and assume the role of CFO on June 1. He will report to Ford President and CEO Jim Hackett. Mr Shanks, 66, will work closely with Mr Stone on the CFO transition and then work on special projects through the end of the year.

Mr Stone comes from the tech space, but brings an appreciation for Ford and the auto industry to the job. Before earning his bachelor’s degree in accounting from University of Southern California, Stone worked for his father, a general contractor and plumber. The vehicles in his dad’s business were Ford trucks and the family drove Ford Explorers and Ford vans.

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Posted By : Rabi Wangkhem on Mon, 25 Mar 2019
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