Ford shakes up top management three days after weak profit outlook

DETROIT (Reuters) - Ford Motor Co on Friday named top executive Jim Farley its chief operating officer, positioning him as potential heir to Chief Executive Officer Jim Hackett and shaking up its top management three days after a weak 2020 profit outlook.Farley, president of new businesses, technology and strategy, has been viewed as one of the potential successors to Hackett, who took over in 2017. News of his promotion and another perceived rival's retirement, effective on March 1, came in..