DETROIT -- Ford Motor said that three top executives will retire in the coming months as CEO Jim Farley continues to shuffle his leadership team.
Stuart Rowley, 55, Ford's head of Europe and its chief transformation and quality officer, and Joy Falotico, 55, who has run the U.S.-focused Lincoln brand since 2018, will both retire Dec. 1, the automaker said. Steven Armstrong, 58, the company's vice president of India and South America transformation and a former top executive at Ford of Europe, will retire Jan. 1.
Ford said Jim Baumbick, currently vice president of product development operations, cycle planning and internal combustion engine programs, will oversee quality.
Dianne Craig, 58, president of Ford's International Markets Group, will succeed Falotico as Lincoln's president.