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COMMENT: Ford’s investors get their scalp

BY MARTIN KAHL. When two years of record profits are not enough…The headlines talk of Mark Fields’ departure, but the issue was bigger than one man alone

When stock market dissatisfaction becomes unbearable, it’s time to call in the turnaround expert.

In appointing the head of Smart Mobility as Ford’s new Chief Executive, Bill Ford has delivered a masterful compromise that eases shareholder pressure, allows the outgoing CEO to leave with his head held high and keeps the company’s focus very much on future mobility.

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