Ford Motor Co
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Consumer Discretionary : Automobiles | Mid Cap Value
Company profile

Ford Motor Company is a global automotive and mobility company. The Company's business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations. The Automotive segment primarily includes the sale of Ford and Lincoln brand vehicles, service parts, and accessories across the world. The Financial Services segment primarily includes its vehicle-related financing and leasing activities at Ford Motor Credit Company LLC. Ford Smart Mobility LLC is a subsidiary formed to design, build, grow, and invest in emerging mobility services. The Central Treasury Operations segment is primarily engaged in decision making for investments, risk management activities, and providing financing for the Automotive segment.

Closing Price
$6.05
Day's Change
0.07 (1.17%)
Bid
--
Ask
--
B/A Size
--
Day's High
6.17
Day's Low
6.00
Volume
(Below Average)
Volume:
67,270,506

10-day average volume:
78,477,635
67,270,506

Facebook's former chief product officer is returning to fold; diversity head's role expanded

3:11 pm ET June 11, 2020 (MarketWatch)
Print

As several disgruntled Facebook Inc. (FB) employees quit in protest of the company's handling of incendiary posts from President Donald Trump, a familiar face is returning to the fold and another is being promoted. Chris Cox announced in a Facebook post (https://m.facebook.com/story.php?story_fbid=10105509315873623&id=213466)Thursday that he is returning as chief product officer after leaving a year ago because of a dispute over end-to-end encryption. "I've been encouraged by progress on so many of the big issues facing us," Cox wrote. "Our most important decisions and products are ahead of us." At the same time, Facebook Chief Operating Officer Sheryl Sandberg, in a separate post (https://www.facebook.com/717545176/posts/10163612057520177/), announced other executive changes. "Last week [Chief Executive] Mark [Zuckerberg] laid out seven areas that Facebook would be reviewing company wide. One of them is focused on how best to change our structure and decision-making to elevate the importance of diversity & inclusion in our business," Sandberg wrote. "Today, we are announcing that Maxine Williams, our chief diversity officer, will report directly to me effective immediately. We are expanding Maxine's role and putting diversity & inclusion at the heart of our management team discussions and processes -- at the heart of all we do."

-Jon Swartz; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 11, 2020 15:11 ET (19:11 GMT)

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