Ford Motor Company ($F) Stock: Leadership Shake-Up as Ford Strengthens Global Operations and Names New Europe President

TLDR

• Ford stock trades at $11.53, up 0.29% as of October 10, 2025.
• Jim Baumbick named President of Ford Europe, effective Nov. 1.
• Sam Basile, ex-GM executive, joins as VP of Advanced Product Development.
• Bryce Currie becomes Chief Manufacturing Officer with global oversight.
• Longtime executives Chuck Gray and Darren Palmer retire after decades of service.

Ford Motor Company (NYSE: F) shares traded at $11.53, up 0.29% during early market hours on October 10, 2025, following a sweeping leadership restructuring aimed at accelerating the company’s Ford+ transformation strategy.

Ford Motor Company (F)

The automaker announced a series of senior appointments and retirements designed to bolster its global operations, particularly in Europe and advanced vehicle programs.

CEO Jim Farley emphasized that the new structure reflects Ford’s commitment to product excellence and operational efficiency, calling the appointments “a step toward building a world-class team focused on quality and execution.”

Key Appointments Strengthen Global Focus

Jim Baumbick has been appointed President of Ford Europe, effective November 1, succeeding his prior role as VP of Advanced Product Development, Cycle Planning, and Programs. Baumbick will now lead Ford’s European operations, focusing on regional alignment, customer-driven products, and faster execution. He will report to Ford Vice Chair John Lawler.

To replace Baumbick, Ford has recruited Sam Basile, a veteran from General Motors, who brings nearly three decades of product development experience. Basile joins Ford on October 13, reporting to Chief Operating Officer Kumar Galhotra. His appointment signals Ford’s ongoing focus on advanced product innovation and efficient cycle planning.

Expanded Global Operations and Manufacturing Oversight

Bryce Currie, previously VP of Americas Manufacturing, will assume the role of Chief Manufacturing Officer, now responsible for global manufacturing and safety. This expanded scope aims to streamline industrial operations and improve production resilience worldwide.

Andrew Frick, currently president of Ford Blue and Model e, will take on additional responsibilities overseeing Lincoln Motor Company. This consolidation places all global retail units for gas, hybrid, and EV vehicles under a single leader, supporting a unified retail strategy.

Retirements and New Engineering Leadership

Ford also announced the retirement of two long-serving executives: Chuck Gray, VP of Vehicle Hardware Engineering, and Darren Palmer, VP of EV Programs. Gray, who retires December 1, will be succeeded by Charles Poon, current director of Electrified Propulsion Engineering. Palmer, known for his leadership on Team Edison, which launched the Mustang Mach-E, F-150 Lightning, and E-Transit, will retire November 1.

Performance Overview

As of October 10, 2025, Ford’s year-to-date return stands at 23.40%, outpacing the S&P 500’s 14.80%. The company’s five-year return of 106.75% also surpasses the benchmark’s 94.19%, reflecting long-term investor confidence.

Despite recent market headwinds, Ford’s leadership overhaul reinforces its strategic focus on innovation, operational excellence, and global growth as it advances its Ford+ roadmap.

 

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