India, March 21 -- Ford Motor Co. (F) said Thursday that Chief Financial Officer Bob Shanks plans to retire from the automaker at the end of 2019. He will be succeeded by Tim Stone, a finance executive who served 20 years at Amazon.com Inc. (AMZN), and as CFO of Snap Inc. (SNAP). The company also announced other major changes to its global leadership team.
Stone, 52, will join Ford on April 15 as a company officer and assume the role of CFO on June 1. He will report to Ford President and CEO Jim Hackett.
Shanks, 66, will work closely with Stone on the CFO transition and then work on special projects through the end of the year.
In addition, Ford said that Peter Fleet, president of International Markets Group, has announced his intention ...