Ford Names Sherry House as New CFO, Marin Gjaja as Chief Strategy Officer, Amid Leadership Changes

Ford Motor has appointed Sherry House as Chief Financial Officer, effective February 6, and Marin Gjaja as Chief Strategy Officer. David McClelland, Vice President of Strategy and Partnerships, has announced his retirement. Key leadership changes come as Ford continues to accelerate its Ford+ plan to create a dynamic and growing company.

Ford Motor Company (F) has announced significant leadership changes, effective February 6, as the automaker continues to accelerate its Ford+ plan to transform into a dynamic and growing product, services, and software company [1]. Sherry House, who has served as Vice President of Finance since June 2022, will assume the role of Chief Financial Officer (CFO), succeeding John Lawler. Lawler will transition to the position of Vice Chair, focusing on strategy, partnerships, alliances, and corporate development.

In addition to House's appointment, Marin Gjaja, who has held key leadership roles since joining Ford in 2022, including Chief Operating Officer (COO) for Ford Model e, will take on the role of Chief Strategy Officer (CSO). Gjaja will report directly to Ford President and CEO, Jim Farley.

Ford also announced that David McClelland, Vice President of Strategy and Partnerships, has elected to retire towards the end of the first quarter. McClelland, who has a 32-year global career with Ford, will be succeeded by Andrew Frick, who will take on additional responsibility as President of Ford Blue and Ford Model e. Frick will continue to oversee Ford Pro in the interim until a new leader is named.

Other notable leadership changes include Kay Hart, who will be appointed General Manager of Ford Model e, reporting to Frick. Sam Wu, President and CEO of Ford of China, will take on additional responsibility for Ford's International Markets Group. Daniel Justo, Vice President of Ford Customer Service Division, will lead customer experience.

These key leadership changes come as Ford continues to accelerate its Ford+ plan, which aims to create a higher-growth, higher-margin, and more durable company in a rapidly changing and competitive environment [1]. Jim Farley, Ford President and CEO, stated, "We continue to build a talented, mission-driven leadership team that will consistently deliver results while transforming Ford into a higher-growth, higher-margin, more durable company" [2].

References:
[1] rttnews.com/3509833/ford-motor-names-sherry-house-cfo-marin-gjaja-chief-strategy-officer.aspx
[2] tipranks.com/news/the-fly/ford-cfo-john-lawler-transitions-to-vice-chair-sherry-house-succeeds