The following statement is from Glenn Stevens, executive director of MICHauto, and vice president of Automotive and Mobility Initiatives for the Detroit Regional Chamber:

“Jim Hackett has done a great job leading Ford Motor Company as president and CEO. Under Jim’s leadership, Ford has continued to grow as a leader in innovation during an important time in the company’s history. We wish him well in retirement.”

“MICHauto and the Chamber congratulate Jim Farley who will take the helm as CEO. Jim is not only a veteran of the industry, but he has a passion for Ford’s signature performance vehicles and vision that will serve the people and products of Ford well.”