Ford China announced that Anning Chen has elected to retire from the company and that Sam Wu, who currently serves as managing director and COO, Ford China, will succeed him as president and CEO of the business. Wu’s assignment will begin March 1; he’ll report to Ford President and CEO Jim Farley and has been elected a company officer. Chen plans to retire Oct. 1 after more than 20 years with Ford in two separate stints. Until then, he will work on special projects related to Ford’s strategic competitiveness and growth and continue to report to Farley. Reference Link
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