Ford CEO names new Lincoln head in first big personnel move

|About: Ford Motor Company (F)|By:, SA News Editor

In his first major personnel move since becoming CEO July 1, Ford (F -0.1%) CEO Mark Fields appoints Kumar Galhotra, currently Ford’s VP of engineering, as president of Lincoln, where sales have fallen 65% from a 1990 peak.

Galhotra, a 25-year company vet, has overseen the engineering development of Lincoln’s new models, which also include a restyled Navigator large SUV coming later this year, the mid-sized MKX SUV debuting next year and a replacement for its large MKS sedan after that.

Lincoln ranks eighth among luxury brands sold in the U.S., and it is outsold by almost two-to-one by GM’s Cadillac luxury line.