So quick to letting go of LL’s and GSR’s, but when will these executives get cut or are they untouchable?
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The executives have been very busy promoting each other. Just read all of the personnel announcements. LL2+ is continuous.
Big difference is the rank and file need jobs to put food on the table, send their kids to school, and pay the bills. Executives across all industries leave disproportionately rich, no matter how they did on the job. The only thing that is usually hurt is their egos, not their bank accounts.
The problem is that generally the person held accountable isn't the actual person that is the issue. See Joe Heinrichs
The problem is and always will be the Ford family and their preferred stock. Until they and it are gone, Ford Motor Company will be the Lions.
Ford's ' leaders ' are held accountable - Mark Fields and Jim Hackett barely lasted 3 years.
Under Hackett's so-called leadership many LL2 and LL3s were ' separated.' Thai-Ta-g's ' retirement ' and the quiet departure of plenty of others are no coincidence. Farley is cleaning house, and if he doesn't get the stock price and profits up he's gone as well. Everyone is well aware his ' bring in new skillsets ' speech is bs - and the whole EV rhetoric is more bs - Bill Ford laid out the EV strategies and investments back in 2013 at NAIAS. If you were one of Hackett's boys, you're done. Baumbick, Musgraves are useless, neither have demonstrated how they improve profit, IMO, they're next to go.
Never. Accountability, responsibility = never.