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Ford Credit CEO Marion Harris to retire, Cathy O’Callaghan to succeed

Marion Harris will retire March 1 as president and CEO of Ford Credit; he’ll be replaced by Cathy O’Callaghan, Ford’s vice president, controller, and chief accounting officer since June 2018. Under Harris, Ford Credit developed and is implementing an ambitious digitization and personalization of its customer offerings, remaking itself into a true technology-based financial services company, or “fintech.” At the same time, Mark Kosman, presently director, global accounting, has been chosen to succeed O’Callaghan as Ford’s chief accounting officer. The new roles for O’Callaghan and Kosman are effective February 12, after Ford has reported its fourth-quarter and full-year 2023 financial results. O’Callaghan and Kosman will report to CFO John Lawler.

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