Fordís Board of Directors '"86's" Mark Fields - update - Page 19 - Ford Inside News Community
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post #181 of 328 (permalink) Old 05-25-2017, 12:24 PM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Speaking of transformations,
the link below has a great video showing an animated tour of the new campus. It is quite impressive. We won't even recognize this area in the near future.

http://www.clickondetroit.com/video/...earborn-campus
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post #182 of 328 (permalink) Old 05-25-2017, 03:12 PM Thread Starter
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Quote:
Originally Posted by 2b2-second-bump View Post
..."Where did Raj Nair land in this shake up? It looks like his responsibilities went to others."
I haven't caught-up yet - anyone see the answer?...
Media.Ford.com
Raj Nair,
Executive Vice President and President, North America, Ford Motor Company

...Prior to 2012 as vice president of Engineering for Product Development, Nair oversaw all engineering for car, truck and SUV vehicles for the Ford and Lincoln brands, and was responsible for delivering on Ford’s commitment to offer more new products faster than ever before by leveraging greater sharing and reuse of platforms and components globally. He also helped lead the development and implementation of the Ford brand DNA...

Raj Nair Tapped To Head Ford North America
FordAuthority
— by Sean Szymkowski — May 25, 2017
...
Other major moves amid the executive shuffle include:
• Steven Armstrong to lead Ford Europe, Middle East and Africa
• Peter Fleet to lead Ford Asia Pacific
Hau Thai-Tang to lead Global Product Development and Purchasing
• Sherif Marakby rejoins Ford as vice president, autonomous vehicles and electrification after working with Uber
• Neil Schloss becomes vice president and CFO, mobility
• Kenneth Kent becomes vice president and treasurer
• Bradley Gayton is named group vice president, chief administrative officer and general counsel.
• Jeff Lemmer is elected chief operating officer, Information Technology
• Ken Washington named vice president, Research and Advanced Engineering, and chief technology officer


&
Media.Ford.com
Mark Ovenden,
Vice President, Marketing, Sales and Service, Asia Pacific, Ford Motor Company
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post #183 of 328 (permalink) Old 05-25-2017, 03:25 PM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Quote:
Originally Posted by wingsnut View Post
One has to consider total costs, not just range. Yes, a 300 mile range will one day be acceptable for many, or at least, those that can afford it up front. Next gen hybrids still make more sense and cost much less. And for most, next gen GTDI engines will make the most sense, especially with fuel prices cheap.
I lived with a 90mi range electric the last 5 months, and in that time I've needed more range on two long interstate trips. Other than that, it's been great. I have a 300S that is just sitting in the driveway depreciating. Thinking of selling and renting on the longer trips. Would make far more financial sense. Same with the extra range on electrics. How often do people need 300mi range? 10 times over a 5 year period? Given the cost differential, that's about $2k per trip. Be cheaper to rent, by a long shot. Ford could do like BMW did (does?) and offer a loaner for longer trips (really don't even need to make it a loaner, but a low priced rental with drop-off/pick-up as part of a burgeoning MobilityCompany).

Keep your lower cost "townie" car, then get a "long range" car "share" for long trips. Plus, people would likely spend more to get a nice big comfy cruiser for those trips since they are saving green just driving a townie car. The Lincoln Concept C as an electric would be the perfect type car for just that purpose. 30-35kW/h battery, smaller dimensions, but still roomy, with access to a Conti or Navi when you want/need it for a fee. ****, I'd do it in a heartbeat.
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post #184 of 328 (permalink) Old 05-25-2017, 03:28 PM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Quote:
Originally Posted by 2b2 View Post
Media.Ford.com
Raj Nair,
Executive Vice President and President, North America, Ford Motor Company

...Prior to 2012 as vice president of Engineering for Product Development, Nair oversaw all engineering for car, truck and SUV vehicles for the Ford and Lincoln brands, and was responsible for delivering on Fordís commitment to offer more new products faster than ever before by leveraging greater sharing and reuse of platforms and components globally. He also helped lead the development and implementation of the Ford brand DNA...

Raj Nair Tapped To Head Ford North America
FordAuthority
ó by Sean Szymkowski ó May 25, 2017
...
Other major moves amid the executive shuffle include:
ē Steven Armstrong to lead Ford Europe, Middle East and Africa
ē Peter Fleet to lead Ford Asia Pacific
ē Hau Thai-Tang to lead Global Product Development and Purchasing
ē Sherif Marakby rejoins Ford as vice president, autonomous vehicles and electrification after working with Uber
ē Neil Schloss becomes vice president and CFO, mobility
ē Kenneth Kent becomes vice president and treasurer
ē Bradley Gayton is named group vice president, chief administrative officer and general counsel.
ē Jeff Lemmer is elected chief operating officer, Information Technology
ē Ken Washington named vice president, Research and Advanced Engineering, and chief technology officer


&
Media.Ford.com
Mark Ovenden,
Vice President, Marketing, Sales and Service, Asia Pacific, Ford Motor Company
Excellent- "Previously, Thai-Tang served as the chief engineer for the Mustang program, leading the design, development, and launch of the 2005 model year Mustang. An avid car enthusiast, Thai-Tang was a race engineer for Nigel Mansell and Mario Andretti on Fordís Newman-Haas IndyCar team in 1993. His efforts contributed to six victories, 11 podium finishes, and the overall driverís and manufacturerís championships."
Media.Ford.com: Hau Thai-Tang, Executive Vice President, Product Development and Purchasing
.
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Last edited by 2b2; 05-25-2017 at 03:36 PM. Reason: added Link 8-)
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post #185 of 328 (permalink) Old 05-25-2017, 04:22 PM Thread Starter
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Re: Fordís Board of Directors '"86's" Mark Fields - update

$13.4M for Ford's Hackett, a reported $57.5M for Fields
&
Quote originally posted by Rmc, elsewhere

Ford said Wednesday that new CEO Jim Hackett is eligible for at least $13.4 million in total annual compensation.

​​​His prececessor, Mark Fields, meanwhile, who was ousted by the board over the company's 37 percent stock slide, could walk away with about $57.5 million in compensation, Bloomberg reports. The bulk of Fields' consolation prize is in unvested stock awards worth $29.4 million, as of Wednesday's close, that will vest through 2020. Fields also is eligible for $17.5 million in retirement benefits, stock options worth $8.1 million and an incentive bonus of about $2.1 million.

Hackett, 62, a former chief executive of furniture manufacturer Steelcase, was named to replace Fields on Monday.

Hackett will earn a $1.8 million annual salary, up from $716,000 at his previous job as chairman of the Ford unit developing self-driving cars and related projects.

He will receive $7 million in stock-based compensation and pocket a $1 million bonus for becoming CEO. He is also eligible for an annual bonus of up to $3.6 million, plus compensation from his service at Ford's mobility unit. Some of the compensation for Hackett will vest over three years. Hackett was elected to Ford's board effective Friday.

Fields will retire from the company effective Aug. 1. He resigned from the Ford board immediately. He will be eligible for pro-rated incentive compensation through Aug. 1, a company retirement program, a voluntary separation program offered to some management employees.

In March, Ford said Fields received total compensation of $22.1 million for 2016, up nearly 19 percent from $18.6 million.
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post #186 of 328 (permalink) Old 05-25-2017, 06:59 PM Thread Starter
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Re: Fordís Board of Directors '"86's" Mark Fields - update

lest we('re allowed to)forget some who aren't playing musical(job)chairs... yet

Sanctuaries: Where Lincoln's Top Designer Finds His Inspiration
Forbes Lifestyle
#​TestDrive - Abigail Bassett - Apr 28, 2017


David Woodhouse, 48, has long had a passion for beautiful automotive design. Growing up the son of garage owners in Worcester, England, exposed him early to such classic British cars as Coopers and Altas. Woodhouse was a mere 15 when he won a design competition sponsored by the UK magazine Autocar. The prize ó the chance to spend two weeks in automaker Roverís design studios.

Given Woodhouseís history, itís no surprise that his sanctuary, so to speak, is racing and working on vintage cars. Woodhouse can boast a number of podium finishes at the Goodwood Revival, the yearly British vintage race car festival, and heís raced in the Monterey Historics, the classic race car competition that takes place in its namesake northern California town each August. His car collection currently includes a 1955 Cooper-Norton 500, a 1951 GP Alta and a 1960 Dolphin-Ford Cosworth Formula Junior.

Q. Why did you choose working on and racing vintage cars as your sanctuary?...

Q. What are some of the details about working on vintage cars and racing them that inspire you?...

Q. Whatís the first thing you do upon arriving at your garage or the racetrack?...

Q. Who else is welcome in your sanctuary space?...

Q. When were you last in your sanctuary? Was there a particular reason you visited or spent time there?...

Q. Whatís the biggest creative breakthrough youíve had in or around your cars?...

Q. How long do you stay in your sanctuary before you need to go out and seek adventure again?...

answers & video @ site

- - - - - -

yes, if this had been about Max Wolff I'd have watched the video AND made a separate thread for it
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post #187 of 328 (permalink) Old 05-25-2017, 07:55 PM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Quote:
Originally Posted by wingsnut View Post
One has to consider total costs, not just range. Yes, a 300 mile range will one day be acceptable for many, or at least, those that can afford it up front. Next gen hybrids still make more sense and cost much less. And for most, next gen GTDI engines will make the most sense, especially with fuel prices cheap.
Total cost is why the Model 3 is set to be a tremendous success. With close to 400,000 paid reservations for the Model 3 for its first year, which is to offer a no compromise 200+ miles of range at $35k before $7,500 tax credit, so we are talking $28k. That seems to be quite acceptable to more consumers than buy a Camry in a model year. Then $9 per 'fill up' vs $40 is offering a $30 dollar savings on fuel to travel the same distance which is a big deal today and is helping to push EV sales ahead in sales. Then deducting the vast majority of routine maintenance and replacement parts leading up to just the 100k mark the savings/EV advantage starts to add up quickly.

Aside from battery pricing that has come down tremendously, it is in the packaging offered by the ICE manufacturers that was designed to slow adoption. But Tesla is forcing the hand of the ICE manufacturers to make that change. Because Tesla is tooling up to take the business that the other automakers ignore. And consumers will buy what they want, not just what they are being sold. Tesla just notified consumers placing reservations for the Model 3 that it is sold out until an end of 2018 delivery date.

Also what's consistent is that previously first-time hybrid consumers looked for a plug-in hybrid as their replacement vehicle. And Plug-in hybrid consumers looked for a full EV to replace the plug-in hybrid. Now consumers are making a plug a requirement for the initial hybrid/vehicle purchase. Now at 200+ miles of range, a full EV offers no compromise for the daily commute, but many driveability and financial advantages.

It is in the very fast future will EVs begin to dominate with commuter travel. It's like the switch from dial-up to broadband. Once you have experienced the speed....there is no going back.
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post #188 of 328 (permalink) Old 05-25-2017, 10:00 PM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

IIRC, that $7,500 tax credit applies to the first 200,000 cars sold by Tesla. They had sold 186K by the end of 2016. Most or nearly all of the model S buyers won't get the tax credit.
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post #189 of 328 (permalink) Old 05-26-2017, 11:32 AM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

Quote:
Originally Posted by Bloggin View Post
Total cost is why the Model 3 is set to be a tremendous success. With close to 400,000 paid reservations for the Model 3 for its first year, which is to offer a no compromise 200+ miles of range at $35k before $7,500 tax credit, so we are talking $28k. That seems to be quite acceptable to more consumers than buy a Camry in a model year. Then $9 per 'fill up' vs $40 is offering a $30 dollar savings on fuel to travel the same distance which is a big deal today and is helping to push EV sales ahead in sales. Then deducting the vast majority of routine maintenance and replacement parts leading up to just the 100k mark the savings/EV advantage starts to add up quickly.

Aside from battery pricing that has come down tremendously, it is in the packaging offered by the ICE manufacturers that was designed to slow adoption. But Tesla is forcing the hand of the ICE manufacturers to make that change. Because Tesla is tooling up to take the business that the other automakers ignore. And consumers will buy what they want, not just what they are being sold. Tesla just notified consumers placing reservations for the Model 3 that it is sold out until an end of 2018 delivery date.

Also what's consistent is that previously first-time hybrid consumers looked for a plug-in hybrid as their replacement vehicle. And Plug-in hybrid consumers looked for a full EV to replace the plug-in hybrid. Now consumers are making a plug a requirement for the initial hybrid/vehicle purchase. Now at 200+ miles of range, a full EV offers no compromise for the daily commute, but many driveability and financial advantages.

It is in the very fast future will EVs begin to dominate with commuter travel. It's like the switch from dial-up to broadband. Once you have experienced the speed....there is no going back.
As has been pointed out, most Model 3 buyers won't receive the tax credit.

Also, you realize that they won't be making 400,000 of them anytime soon, certainly not in a single year as you're implying. It'll be a trickle out of them and eventually they'll fill those orders (for those that keep their name on the list). They won't be anywhere near 400,000/year, for sure not in year 1.
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post #190 of 328 (permalink) Old 05-26-2017, 11:38 AM
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Re: Fordís Board of Directors '"86's" Mark Fields - update

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It's 5 years later and still nothing from Ford. VW/Audi/BMW/MB also late to the EV game have already shown their EV platforms and are all scheduled to launch their competitive EVs between 2018 - 2020.
Let me also add, they do a good job of rolling out new models globally. The EV projects of the Germans seem to run parallel that of their traditional core models which for now is more relevant globally.


Quote:
Originally Posted by wingsnut View Post
Ford officially stated to employees, not to believe media speculation. That of course means nothing. We shall see.
@wingsnut is the "EcoSport will replace Fiesta in North America" rumors one of the media speculations not to believe?
http://www.thetruthaboutcars.com/201...iesta-america/

Last edited by AM222; 05-26-2017 at 11:46 AM.
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