Ford’s Scheele to Retire; Padilla Named President
From Reuters
Ford Motor Co. President Nick Scheele, who helped lead the automaker’s recovery efforts after the massive Firestone tire recalls, will retire early next year after 38 years with the second-largest U.S. automaker, Ford said.
Jim Padilla, who became chief operating officer in April, will succeed Scheele and become a member of the board.
