Ford Motor Co has named Jim Farley its first head of global marketing, sales and services and appointed the head of Volvo to run its European operations when it completes the sale of the unit to China’s Geely, the automaker said on Thursday.
Farley, 48, had already been head of global marketing for Ford, and the automaker has expanded that role to include sales and service for the first time as it adds to a focus on worldwide product development and manufacturing.
JPMC announced a similar new global marketing and sales role a few weeks back, and I wonder if this is part of a growing trend among large US businesses.
For Ford, this will be a key role in their success going forward. Recently, Fortune speculated that GM may be worth significantly more than Ford, noting that “the numbers were helped … by an increase in global sales, including important emerging markets like China.”