Ford names ex-Lucid Motors exec as next CFO, promotes current chief

📆 11/05/2024 12:08 AM
📰 CNBC

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Ford named the former CFO of electric vehicle startup Lucid to replace its current CFO, who is being promoted to more closely see the company's turnaround plan.

Sherry House, who was previously at EV maker Lucid Motors, will join Ford in early June and transition into the CFO role in early 2025.

In the meantime, current CFO John Lawler will continue in his position while expanding his role to become vice chair. Lawler has been CFO since October 2020, during which he helped build the company's Ford+ turnaround plan, aimed at making Ford more efficient and profitable as the company continues to expand current operations and invest billions in electric vehicles.

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