Thursday, March 15, 2012

Ford CEO resigns; founder's great-grandson takes over

Under mounting pressure from faltering sales and a troubled dispute with Bridgestone/Firestone about a recall of the company's tires, Ford Motor Co. CEO Jacques Nasser, 53, announced his resignation. The announcement was made from Detroit on Oct. 30 that Nasser was stepping down and that William Clay Ford Jr., 44, chairman …

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