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Fields tried to fire Hinrichs before being ousted From Ford


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May 31, 2017 @ 3:00 pm

Michael Martinez - Autonews.com

 

UPDATED: 5/31/17 4:04 pm ET -- adds details

 

DETROIT -- Days before his May 19 ouster as CEO of Ford Motor Co., Mark Fields was proposing to fire his top lieutenant, Joe Hinrichs, in an effort to relieve some of the pressure he was facing from a skeptical board of directors, Automotive News has learned.

 

Fields intended to get approval from the board for his decision to fire Hinrichs during the week of May 14, sources said.

 

Fields' plan backfired, however, when the board decided instead to part ways with him and communications chief Ray Day, following a Friday, May 19, meeting. Instead of a pink slip, Hinrichs was given a promotion to the newly created position of president of global operations, in charge of Ford's global product development; manufacturing and labor affairs, among other things.

 

 

Wow, now the story starts to leak out that maybe Fields was trying to throw Hinrichs under a bus..

 

Fields faced increased scrutiny during meetings with Ford's board of directors ahead of the company's annual shareholders meeting on May 11. The board had grown impatient with Fields' strategy for the future and irritated with the automaker's sluggish stock price, which had fallen nearly 40 percent since he took over in July 2014.

 

Fields believed he could deflect pressure from himself and pacify the board by ousting Hinrichs, the sources said.

 

I wonder if that was the last straw for Bill Ford and the board......

Edited by jpd80
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Sounds like Fields was reverting to "Old Ford" instead of embracing "One Ford"

 

 

The whole company has regressed.

I do believe you both have a point here. And no doubt as the "heat in the kitchen" went up, not only did Fields need a "bold move" he also must have been sensitive to who was a potential to take his place.

 

Lessons learned in "Corporate Survival 101" I would imagine.

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I dont think they ever changed. Executives kept it under wraps as Mulally was zero tolerance on the horse crap. As soon as he left, they resumed the games.

Correct, all those executives did was play to Mulally's rules and engage with each other as directed.

As soon as his influence was removed, the regression began under Fields and the old ways began to surface

in both dealer promotions and production line / supplier efficiency / cost savings that compromise product quality.

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Correct, all those executives did was play to Mulally's rules and engage with each other as directed.

As soon as his influence was removed, the regression began under Fields and the old ways began to surface

in both dealer promotions and production line / supplier efficiency / cost savings that compromise product quality.

this is what happens when the goal is to keep the job vs doing a good job for the company

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While Ford is not financially imperiled, the empire building had already begun again as managers went back into protection mode

in case the higher peck order chiefs came calling with questions. The difference today was the stronger response by Bill Ford who

has now removed two CEOs he saw as unfit to continue. That is why I think that Ford is in safe hands.

 

Jim Hackett's fresh eyes will ask questions that no internal CEO normally would, that View will help foster a new culture.

Fields must have thought he had the CEO job until retirement and obviously looked to protect himself from rising stars.

He revealed himself when he tried to throw Hinrichs under a bus, Fields removal sends a powerful and positive message

to the rising stars...that returning to a culture of self preservation over collaboration will not be tolerated.

Edited by jpd80
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That's why I think there should be term limits on congressmen and senators too.

 

Exactly. Having term limits would force them to have non-political careers and encourage them to do unpopular but necessary things. Today they only do what they think will get them re-elected and what their constituents want is not always what is good for them or the rest of us.

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Agreed. It should never be a career.

 

It was never intended to be a career by the founding fathers either. The idea was for regular citizens to go represent others and then return to their normal lives after serving.

 

Unfortunately, now they wouldn't pass an amendment limiting their own terms, even if it would be best.

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But the way you get re-elected is to do what your constituents want.

No, it is to appear to do what your constituents want. But what you actually do is appease the speacial interest groups that funded your campaign so they will fund the next one.

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Is there a requirement in the US to declare all funding contributions to politicians?

We do that in Australia and it tends to keep the lobbyists in check because the electorate then sees where that funding comes from.

In that situation, career politician become more skilled in their profession and actually do a better job of governing,

 

The real concern is that ordinary people with absolutely no political savvy can be elected and make absolute mess of the situation,

it should be frightening to think that your life could be in the hands of completely inept people making life changing decisions.

 

Watching American politics from abroad is hilarious, it's like watching a dog chew its own legs off.

Edited by jpd80
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Is there a requirement in the US to declare all funding contributions to politicians?

We do that in Australia and it tends to keep the lobbyists in check because the electorate then sees where that funding comes from.

In that situation, career politician become more skilled in their profession and actually do a better job of governing,

 

The real concern is that ordinary people with absolutely no political savvy can be elected and make absolute mess of the situation,

it should be frightening to think that your life could be in the hands of completely inept people making life changing decisions.

 

Watching American politics from abroad is hilarious, it's like watching a dog chew its own legs off.

There are a mmyriad of methods to send money to a candidate off the books.

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