Ford Names New Purchasing Head and 2 Other Stocks to Watch

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Ford Motor Co. (NYSE:F): Current price $17.12

Ford named Hau Thai-Tang as its new global purchasing chief effective August 1, replacing the retiring Tony Brown. Thai-Tang currently serves as vice president of engineering and was the chief engineer for the 2005 Mustang, the first new version of the sports car in 25 years. In his new position, Thai-Tang will oversee $90 billion in purchasing of parts and services yearly and will be the automaker’s point man when dealing with suppliers.


More Articles About:

To contact the reporter on this story: To contact the editor responsible for this story:

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business