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BEIJING / SHANGHAI (Reuters) – Ford has appointed a new head of China, which has been vacant since the beginning of China.
Anning Chen, a former chairman of Chery Jaguar Land Rover in China and who also worked for Ford, will become the automaker's new CEO from Nov. 1.
The move comes at a pivotal time for Ford which has seen China sales slide sharply this year. Sales in September tumbled 43 percent.
"Success in China is critical as we reposition our global business for long-term success," Ford CEO Jim Hackett said in a statement.
Ford China will also become a stand-alone business unit, reporting directly to the global headquarters. Chen will report to Jim Farley, president of global markets.
"China," said Farley, adding the reorganization would increase the speed of decision-making and help the firm be closer to customers.
Chen's predecessor Jason Luo resigned abruptly in January this year after leading the automaker's U.S. China operations for roughly five months.
(Editing by Stephen Coates and Edwina Gibbs)
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