Ford exec Joe Hinrichs to retire, Farley becomes COO
(WorldNews Business)

Ford Motor Co.`s Joe Hinrichs will retire as president of automotive, and Jim Farley, 57, president of new business technology and strategy, will become COO, Ford said. The changes are effective March 1. Farley will report to CEO Jim Hackett. Ford said the changes are meant to `accelerate its transformation into a higher-growth, higher-margin business.`...