Ford Motor Co. Reports Director, Officer Changes
Ticker: F-PD · Form: 8-K · Filed: Oct 31, 2024 · CIK: 37996
Sentiment: neutral
Topics: corporate-governance, leadership-change, officer-appointment
Related Tickers: F
TL;DR
Ford's leadership team is seeing some changes, with new directors and officers coming aboard.
AI Summary
Ford Motor Company filed an 8-K on October 30, 2024, reporting changes related to director departures, elections, and officer appointments. The filing also covers compensatory arrangements for certain officers, indicating potential shifts in leadership and executive compensation structures within the company.
Why It Matters
Changes in a company's board of directors and executive officers can signal strategic shifts, new leadership directions, or adjustments to compensation policies that may impact the company's future performance and shareholder value.
Risk Assessment
Risk Level: low — This filing reports routine corporate governance changes and does not indicate any immediate financial distress or significant operational risks.
Key Players & Entities
- FORD MOTOR CO (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- October 30, 2024 (date) — Date of report
FAQ
What specific roles have been affected by the director and officer changes?
The filing indicates changes in director departures, elections, and appointments of certain officers, but does not specify the exact roles affected in this summary.
Are there any details on the new compensatory arrangements for officers?
The filing mentions compensatory arrangements of certain officers as an item being reported, but the specific details of these arrangements are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 30, 2024.
What is Ford Motor Company's primary business classification?
Ford Motor Company is classified under 'MOTOR VEHICLES & PASSENGER CAR BODIES' with SIC code 3711.
Where is Ford Motor Company's principal executive office located?
Ford Motor Company's principal executive office is located at One American Road, Dearborn, Michigan, 48126.
Filing Stats: 465 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-10-31 07:09:49
Filing Documents
- f-20241030.htm (8-K) — 25KB
- 0000037996-24-000189.txt ( ) — 191KB
- f-20241030.xsd (EX-101.SCH) — 4KB
- f-20241030_def.xml (EX-101.DEF) — 15KB
- f-20241030_lab.xml (EX-101.LAB) — 29KB
- f-20241030_pre.xml (EX-101.PRE) — 16KB
- f-20241030_htm.xml (XML) — 5KB
From the Filing
f-20241030 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: October 30, 2024 (Date of earliest event reported) FORD MOTOR CO MPANY (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) 1-3950 38-0549190 (Commission File Number) (IRS Employer Identification No.) One American Road Dearborn, Michigan 48126 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code 313 - 322-3000 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $.01 per share F New York Stock Exchange 6.200% Notes due June 1, 2059 FPRB New York Stock Exchange 6.000% Notes due December 1, 2059 FPRC New York Stock Exchange 6.500% Notes due August 15, 2062 FPRD New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . On October 30, 2024, Ford Motor Company (the "Company") was notified of the intention of Peter C. Stern, President, Ford Integrated Services, to resign from his position in order to pursue a new opportunity. Mr. Stern will provide transition services until his separation from the Company effective December 15, 2024. Michael R. Amend, the Company's Chief Enterprise Technology Officer, will also lead Ford Integrated Services, on an interim basis, until Mr. Stern's replacement is appointed. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FORD MOTOR COMPANY (Registrant) Date: October 31, 2024 By: /s/ David J. Witten David J. Witten Assistant Secretary