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$Ford Motor (F.US)$ Hackett was a disaster and "robbed" the ...
$Ford Motor (F.US)$ Hackett was a disaster and "robbed" the company with his compensation.
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Revana : Farley has been CEO for about a year, I'd be inclined to attribute more of Ford's recent success to Hackett. Anything Hackett did in particular?
Dixonnn Revana : He was clueless as to the car business. Spoke in circles and no one understood him. Poor leader, making $17m+/year.
Abdul Dickson Dixonnn : fair enough, thanks for sharing
dreamstocker : Hackett did exactly what he was brought in to do. Fix some broken things, take a fall on his sword and pass the torch of a leaner company onto a more favorable ceo.
Johnny Thunders dreamstocker : Exactly. Hackett was brought in out of retirement to make the hard, unpopular decisions that are now making Farley look like a hero. He stopped making low-profit sedans, pushed aggressively into EVs, and took all the bullets so Farley wouldn’t have to.