Ford Develops New Team From Inside as Padilla Retires

James Padilla

Ford pres­i­dent and chief oper­at­ing offi­cer Jim Padil­la is set to retire July 1. For now, Padilla’s duties will be assumed by Bill Ford and a six-mem­ber com­mit­tee. Ford says that the new pres­i­dent will not come from out­side the com­pa­ny. Front-run­ners to replace Padil­la could include Mark Schulz and Mark Fields.