Ford's new CEO signals focus on autonomous vehicles

[mspohr]

Interesting that Ford just replaced its CEO due to declining stock price.
The new guy was formerly the head of autonomous vehicles and this should signal a shift to autonomous Fords.
But, it's not too impressive that this new guy seems to have no technical background. He worked at Steelcase (furniture manufacturer) and also coached a sports team. I guess you don't really need to know anything to run a big company... just how to coach teams (and be personal friends with the Ford family). This is a marked contrast to Tesla where Musk does have a solid science and technical background.
Ford shuffles executive ranks in its race to take on Silicon Valley

 

[AudubonB]

Remember that he was in charge of their autonomous division. NOT their EV division. The Board axed Mark Fields in part because he had little to show for his billion+ $ expenditure in EV R&D.

To me, this move appears to show FoMoCo remains in denial of the transition from ICE to EV and as such, they are not avoiding their doom. Autonomous ICE vehicles will not save them.