MICHIGAN (CBS DETROIT) – There’s a shakeup at Ford Motor Company.
Friday the company announced President of the Automotive Division Joe Hinrichs is retiring.READ MORE: Ballot Initiative To Strike Detroit's Adult-Use Ordinance Rejected, Opponents Continue To Fight
Henrichs, an industry veteran, is retiring after 19-years with the company.READ MORE: 5-Year-Old Accidentally Shoots Self In Foot At Eastpointe Home
The company also announced Jim Farley is moving up to serves as chief operating officer.
The latest moves come after a lower than expected earnings report for 2019.MORE NEWS: Detroit Department Of Transportation Adds 28 New 'Clean Diesel' Buses
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