Ted Cannis to Retire After 35-Year Ford Career; Andrew Frick Named Interim Ford Pro Leader; Daniel Justo Appointed Head of FCSD
2024年9月12日 - 9:00PM
ビジネスワイヤ(英語)
- Ted Cannis, who has led Ford Pro since it was founded in 2021
and helped build it into an industry-leading and customer-focused
product, software and services business, has elected to retire
after a distinguished 35-year career
- Andrew Frick, president of Ford Blue, also will lead Ford Pro
on an interim basis until the company announces a new leader
- Daniel Justo is appointed vice president, Ford Customer Service
Division
Ford Motor Company today announced that Ted Cannis, CEO, Ford
Pro and Ford Customer Service Division, has elected to retire at
the end of this month after an accomplished 35-year career with the
company.
Cannis has led Ford Pro since its formation in 2021 and helped
build it into a high-growth, high-margin business with deep
competitive moats, as well as a vital productivity accelerator for
millions of commercial customers. Since 2023, Cannis also has led
Ford Customer Service Division or FCSD, which handles global parts,
services, accessories and vehicle customization for Ford dealers
and customers worldwide.
“Ted’s energy and passion for customers has been instrumental in
building Ford Pro into a business that’s tracking towards $70
billion in revenue this year – a Fortune 100-size company in its
own right,” said Jim Farley, Ford president and CEO. “Ford Pro has
the widest and most flexible commercial vehicle lineup, an
industry-leading service network including our dealerships and
upfitter partnerships, and a sharp focus on lowering the total cost
of ownership and increasing uptime for customers. Ford Pro is now
poised to become a true, technology-driven growth business –
evidenced by the 600,000 paid subscriptions in the second quarter –
and a greater competitive advantage for Ford and our
customers.”
Farley added that FCSD is another Ford stronghold with a prime
opportunity to transform for growth by going after an estimated
$100 billion-plus profit pool for maintenance, repair, parts, and
other services that currently escapes the dealer network.
Ford said Andrew Frick, president of Ford Blue, also will lead
Ford Pro on interim basis until the company announces a new leader.
Daniel Justo is appointed vice president, FCSD, and a company
officer, effective Oct. 1. Justo is currently chief financial
officer, Ford Blue, and was previously president, Ford South
America. In his new role leading FCSD globally, he will report to
Frick.
“Our customers – from commercial fleets to individual drivers –
rely on us for the parts and services that keep their vehicles
running smoothly and looking great,” Justo said. “That’s why we're
committed to delivering a service experience that’s as reliable,
dependable and modern as the vehicles themselves. I’m excited to
work with our FCSD team and our dealers to make it easier than ever
for our customers to schedule their service, find the right parts
and accessories, get them quickly, and enjoy the peace of mind that
comes with knowing they're getting the best possible service.
Building this trust and loyalty is central to our Ford+ value
creation plan.”
Cannis began his career in 1989 in finance and went on to serve
in leadership positions in Venezuela, Argentina, Turkey and Russia.
From 2017 to 2020, he served as global director, Battery Electric
Vehicles, leading Team Edison, the team that developed the
award-winning Mustang Mach-E and was involved in the development of
the F-150 Lightning and E-Transit.
“It’s been the most thrilling and rewarding chapter of my career
to lead Ford Pro and FCSD,” Cannis said. “Ford Pro is a profitably
growing business with unmatched scale, talent, and the best dealers
and upfitters – all to serve the people and businesses who keep our
economy and communities humming. I can’t wait to watch Ford Pro and
FCSD continue to innovate and grow.”
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in
Dearborn, Michigan, committed to helping build a better world,
where every person is free to move and pursue their dreams. The
company’s Ford+ plan for growth and value creation combines
existing strengths, new capabilities and always-on relationships
with customers to enrich experiences for customers and deepen their
loyalty. Ford develops and delivers innovative, must-have Ford
trucks, sport utility vehicles, commercial vans and cars and
Lincoln luxury vehicles, along with connected services. The company
does that through three customer-centered business segments: Ford
Blue, engineering iconic gas-powered and hybrid vehicles; Ford
Model e, inventing breakthrough electric vehicles along with
embedded software that defines exceptional digital experiences for
all customers; and Ford Pro, helping commercial customers transform
and expand their businesses with vehicles and services tailored to
their needs. Additionally, Ford provides financial services through
Ford Motor Credit Company. Ford employs about 175,000 people
worldwide. More information about the company and its products and
services is available at corporate.ford.com.
For news releases, related materials and
high-resolution photos and video, visit www.media.ford.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240912702695/en/
Media Ian Thibodeau 1.313.268.6056 ithibode@ford.com
Equity Investment Community Lynn Antipas Tyson
1.914.485.1150 ltyson4@ford.com
Fixed Income Investment Community Christopher Conti
1.313.418.1673 cconti5@ford.com
Shareholder Inquiries 1.800.555.5259 or 1.313.845.8540
fordir@ford.com
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