Ford is firing CEO Mark Fields, naming former Steelcase chief Jim Hackett to take over, Forbes reports

Ford will fire CEO Mark Fields and replace him with James Hackett, head of the automaker's Smart Mobility arm, according to a report by Forbes late Sunday. An announcement will be made Monday, a source close to the situation told Forbes.

from Automotive News Breaking News Feed http://ift.tt/2q7IXhj via Falls Church auto repair