Automotive Hall of Fame names Jim Farley ‘2022 Industry Leader’

The Automotive Hall of Fame on Tuesday announced it has named Ford Motor Co. Jim Farley its 2022 Business Leader.

The Dearborn-dependent nonprofit offers out its Market Chief award to one person each individual year “who shown excellent management in the automotive market,” according to a news release. 

“For practically 120 decades Ford has played an critical role in shaping mobility and positively impacting culture,” Sarah Cook, president of the Automotive Corridor of Fame, reported in a statement. “The Hall is psyched to acknowledge Jim Farley and his recent management in transforming Ford and the automotive industry to e-mobility solutions.”

Farley took over as CEO of the Dearborn automaker in October 2020, and in May possibly 2021 laid out a turnaround approach, dubbed Ford+, that is centered on electrification, electronic connectivity and business vehicles. Also all through Farley’s tenure as CEO, the automaker has introduced an electrical model of its very best-providing F-150 pickup truck, restructured its legacy inner combustion motor and electrical motor vehicle companies into separate small business units, and accelerated its targets and investments all-around electrification.