Posts Tagged ‘Ford China CEO Luo resigns’

Ford China CEO Luo Resigns

Sudden departure leaves automaker with big hole to fill in important market.

by on Jan.30, 2018

Ford China Chief Jason Luo resigned suddenly just five months after taking the job.

After a poor year in China last year, Ford Motor Co.’s 2018 isn’t getting off to a better start with the resignation of Jason Luo, chairman and CEO of Ford China. The resignation takes effect immediately.

Luo joined Ford just five months ago from Key Safety Systems, and was expected to help the automaker find sustainable growth in the country. Ford came to China late and has been playing catch up. After a strong year in 2016, Luo was expected to help turnaround a difficult 2017 and 2018.

Global News!

“Jason made valuable contributions in accelerating our electric vehicle strategy, exploring opportunities to provide future smart mobility solutions for customers in China, and identifying ways to become more operationally fit,” said Peter Fleet, Ford group vice president and president, Ford Asia Pacific. “We are grateful for Jason’s service to the company and wish him all the best in the future.” (more…)