Ford replaces CEO Mark Fields in push to transform business

FILE - In this April 12, 2017 file photo, Ford Motor Co. President and CEO Mark Fields speaks during a media preview of the 2018 Lincoln Navigator at the New York International Auto Show in New York. Ford is replacing its CEO amid questions about its current performance and future strategy, a person familiar with the situation has said. Fields will be replaced by Jim Hackett, who joined Ford's board in 2013. FILE - In this April 12, 2017 file photo, Ford Motor Co. President and CEO Mark Fields speaks during a media preview of the 2018 Lincoln Navigator at the New York International Auto Show in New York. Ford is replacing its CEO amid questions about its current performance and future strategy, a person familiar with the situation has said.