Auto Giant is hiring a new CFO to replace John Lawler who will be transitioning into the position of vice chair next year.Yahoo Finance's pro to Romanian has the latest details on that press press.Hey Sea, he had John Lawler longtime executive there at Ford uh Farly confidant if you will moving into that vice chairman role, kind of his second in command there at Ford to take over a lot of his strategic decisions.And also uh noting that Sherry House now has emerged as the new CFO.
I mean, Ford is a new CFO, she's been around also in other companies like GM and also we o but, but back to Lawlor, you know, he's going to be in charge of Ford's strategic development, including establishing partnerships with other companies in the EV space, right? So he's gonna, he's gonna help make that ev business more profitable as, you know, they're going to lose about $5.5 billion this year.So he has experience there sort of vital for kind of producing or striking these partnerships with other automakers.We'll see when and if, um, the current CEO Jim Farley, uh, decides to do something else, we'll see.But it's a good move, big move for Lawler, a well trusted, very experienced hand there at Ford.Thank you.