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(Financial Post)   What's the difference between a Ford COO and CEO? Apparently one letter and about $20 million a year   (business.financialpost.com ) divider line
    More: Followup, Mulally, CEO, Kelley Blue Book, Dearborn  
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1378 clicks; posted to Business » on 03 May 2014 at 12:40 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



8 Comments     (+0 »)
 
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2014-05-03 03:57:43 PM  
Um, blah blah blah executive compensation out of control blah blah.
 
2014-05-03 05:09:17 PM  
COO is nothing more than "heir apparent" these days.  It has most of the CEO duties but not the outward-facing figurehead/ceremonial responsibilities.

You're basically just waiting for the CEO to figuratively kick the professional bucket.  The King is dead -- long live the King.
 
2014-05-03 08:02:14 PM  

simplicimus: Um, blah blah blah executive compensation out of control blah blah.


Well he did help lead them when they were the only American auto maker who didn't take federal funds.
 
2014-05-03 08:31:22 PM  

steamingpile: simplicimus: Um, blah blah blah executive compensation out of control blah blah.

Well he did help lead them when they were the only American auto maker who didn't take federal funds.


Acknowledged. And, IMHO, Ford makes more reliable cars. My Grand Marquis is 10 years old and over 130,000 miles.
 
2014-05-04 02:03:48 AM  
burn them all. divvy up their salaries amongst the workers.
 
2014-05-04 02:39:15 AM  

simplicimus: steamingpile: simplicimus: Um, blah blah blah executive compensation out of control blah blah.

Well he did help lead them when they were the only American auto maker who didn't take federal funds.

Acknowledged. And, IMHO, Ford makes more reliable cars. My Grand Marquis is 10 years old and over 130,000 miles.


1994 Eddie Bauer Bronco.  Just rolled over the 200K mark 2 weeks ago.  They do build them well, especially the trucks.
 
2014-05-04 05:28:22 AM  
I've had Fords that were tanks, but my last one was a piece of shiat. After getting burned for repairs of $500-$1000 half a dozen times in the last couple years, I just traded it on a new Hyundai. A 2007 with about 80k miles and that's had regular maintenance should not be falling apart.
Besides, my Ford was made in Canada, while my Hyundai was made in Georgia.

/5 year, 60k mile bumper to bumper warranty was a big selling point
//why has no other manufacturer matched that warranty?
 
2014-05-04 09:52:47 AM  

BigBooper: I've had Fords that were tanks, but my last one was a piece of shiat. After getting burned for repairs of $500-$1000 half a dozen times in the last couple years, I just traded it on a new Hyundai. A 2007 with about 80k miles and that's had regular maintenance should not be falling apart.
Besides, my Ford was made in Canada, while my Hyundai was made in Georgia.

/5 year, 60k mile bumper to bumper warranty was a big selling point
//why has no other manufacturer matched that warranty?


The biggest issue Ford had were dealers farking over repair customers since that was their biggest profit margin. They tried to find that by getting rid of some of the dealers and now have a way for customers to vent about dealer repairs.

Dealers never grasped the fact that if you fark over people on repairs or leave a bad taste in their mouth then they will never buy another car if that model.
 
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