Business Week: Ford CEO Nasser To Announce Realignment.NEW YORK--(BUSINESS WIRE)--Sept. 13, 1999-- Ford Motor Co. (F) CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Jacques Nasser Jacques Nasser (born December 27, 1947[1] in Amyoun, Lebanon;[2] Arabic جاك نصر ) nicknamed "Jac The Knife" because of his penchant for cost-cutting, is a business executive, most known for his infamous tenure as CEO of Ford plans to announce in November a realignment re·a·lign tr.v. re·a·ligned, re·a·lign·ing, re·a·ligns 1. To put back into proper order or alignment. 2. To make new groupings of or working arrangements between. of the sprawling $143 billion auto maker, Business Week has learned. Nasser's plan, while not actually repudiating Ford 2000, the strategic vision of predecessor Alex Trotman, will put the company on a different path. Ford 2000 centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. worldwide responsibility for functions such as product development, purchasing, design and manufacturing, and shifted other decision-making to the home office. "Ford 2000 was a good idea carried too far," says a source familiar with the new plan. |
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