James Hackett

Quick Facts

Full Name	James Hackett
Occupation	Businessperson
Date Of Birth	Apr 22, 1955(1955-04-22)
Age	69
Birthplace	Columbus
Country	United States
Birth City	Columbus
Horoscope	Taurus

James Hackett Biography

James Hackett is one of the most popular and richest Businessperson who was born on April 22, 1955 in Columbus, Columbus, United States. James Patrick “Jim” Hackett (born April 22, 1955) is an American businessman. He is the president and chief executive officer of Ford Motor Company.

In 2013, Hackett joined the Ford Motor Company’s board of directors. He served on its Sustainability and Innovation Committee and the Audit and the Nominating and Governance committees.

On May 22, 2017, Hackett succeeded Mark Fields as president and CEO of Ford Motor Company. He is also a member of the company’s board of directors. The move came as Ford announced cuts to its global workforce amid efforts to address the company’s declining share price and to improve profits. The company is targeting $3 billion in cost reduction and a nearly 10 percent reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.

In January 2019, Hackett sent an email to Ford employees that read, “2018 was mediocre by any standard. Yes, we made $7 billion last year. But think of it this way: this represents a 4.4 percent operating margin, about half what we believe is an appropriate margin. So we are aiming for much closer to $14 billion.”

Hackett spent thirty years with the Grand Rapids-based office furniture company Steelcase. He joined Steelcase in 1981, holding a variety of sales and marketing positions. In 1994, Hackett was named CEO at age 39, making him the youngest leader in the history of the company. He held the position for nearly twenty years before retiring in 2014. During his tenure, Steelcase eliminated nearly 12,000 employees as part of a downsizing and restructuring of the business; he also led the company to acquire a majority stake in IDEO in 1996. During this time Hackett became a proponent of design thinking, which focuses on how humans experience a product. Hackett stayed on as vice chairman of the company from 2014 to 2015.

James Hackett Net Worth

James Hackett is one of the richest Businessperson from United States. According to our analysis, Wikipedia, Forbes & Business Insider, James Hackett 's net worth $5 Million. (Last Update: December 11, 2023)

From 1977 to 1981, Hackett held sales and management positions at Procter & Gamble in Detroit, Michigan.

The Hackett family originally moved to Central Ohio via County Carlow and County Galway in Ireland. Hackett is a 1977 graduate of the University of Michigan, where he played center on the football team. He holds a bachelor’s degree in general studies. He and his wife, Kathy, have two sons. They reside in Grand Rapids, Michigan.

He was interim director of athletics at the University of Michigan, his alma mater, from October 31, 2014 to March 11, 2016. Hackett led the hiring of former San Francisco 49ers’s coach and fellow U-M alumnus Jim Harbaugh as the university’s football coach. He donated $300,000 of his annual $600,000 salary as interim athletic director to “Athletes Connected,” a program that’s designed to support the mental health of student-athletes.

Height, Weight & Body Measurements

James Hackett height Not available right now. James weight Not Known & body measurements will update soon.

Who is James Hackett Dating?

According to our records, James Hackett is possibily single & has not been previously engaged. As of December 1, 2023, James Hackett’s is not dating anyone.

Relationships Record : We have no records of past relationships for James Hackett. You may help us to build the dating records for James Hackett!

Facts & Trivia

James Ranked on the list of most popular Businessperson. Also ranked in the elit list of famous people born in United States. James Hackett celebrates birthday on April 22 of every year.

What is Jim Hacketts net worth?

James Hackett net worth and salary: James Hackett is an American businessman who has a net worth of $50 million. James Hackett was born in Columbus, Ohio in April 1955. He is the president and chief executive officer of the Ford Motor Company.

What did Jim Hackett do for Ford?

Aug 4, 2020 | DEARBORN, Mich. DEARBORN, Mich., Aug. 4, 2020 – Ford Motor Company today announced that Jim Hackett, who has led the company’s transformation since 2017 , plans to retire from the company. Jim Farley has been named the company’s new president and CEO and will join the board of directors, effective Oct.

Who is the CEO of Ford Motor?

Jim Farley (Oct 1, 2020–)

How much is Bill Ford worth?

According to the Forbes magazine, Ford was the 371st richest person in the United States in 2013, with an approximate net worth of $1.4 billion. He reportedly owned in Ford Motor Company: 6.7 million shares of Class B stock and 26.3 million common shares; making him the largest single shareholder.

Who runs Ford Motor Company now?

William Clay Ford Jr. As executive chair of Ford Motor Company, William Clay Ford Jr. is leading the company that put the world on wheels into the 21st century. He joined the board of directors in 1988 and has been its chair since January 1999.