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James Hackett

Former President & CEO of Ford Motor Company

James Hackett
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Grand Rapids, MI, USA
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Business, Business Growth, Business Leadership, Design, Executive Leadership, Leadership, Manufacturing, Marketing, Sales, Strategic Leadership
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James Hackett Biography

James Hackett is an American businessman. He was the president and chief executive officer of Ford Motor Company from May 2017 to October 2020.

Hackett spent thirty years with the Grand Rapids-based office furniture company Steelcase. He joined Steelcase in 1981, holding a variety of sales and marketing positions. In 1994, Hackett was named CEO at age 39, making him the youngest leader in the history of the company. He held the position for nearly twenty years before retiring in 2014. During his tenure, Steelcase eliminated nearly 12,000 employees as part of a downsizing and restructuring of the business; he also led the company to acquire a majority stake in IDEO in 1996. During this time Hackett became a proponent of design thinking, which focuses on how humans experience a product. Hackett stayed on as vice chairman of the company from 2014 to 2015.

He was interim director of athletics at the University of Michigan, his alma mater, from October 31, 2014 to March 11, 2016. Hackett led the hiring of former San Francisco 49ers’ coach and fellow University of Michigan alumnus Jim Harbaugh as the university's football coach. He donated $300,000 of his annual $600,000 salary as interim athletic director to "Athletes Connected," a program that's designed to support the mental health of student-athletes.

In 2013, Hackett joined the Ford Motor Company's board of directors. He served on its Sustainability and Innovation Committee and the Audit and the Nominating and Governance committees.

Hackett oversaw the formation of Ford Smart Mobility, a unit responsible for experimenting with car-sharing programs at Ford Motor Company, self-driving ventures and other programs aimed at helping Ford better compete with Uber, Alphabet Inc. and other tech giants looking to edge in on the auto industry.

On May 22, 2017, Hackett succeeded Mark Fields as president and CEO of Ford Motor Company. He was also a member of the company's board of directors. The move came as Ford announced cuts to its global workforce amid efforts to address the company's declining share price and improve profits. The company targeted $3 billion in cost reductions and a nearly 10 percent reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.

Hackett serves on the board of directors for Northwestern Mutual Life in Milwaukee, Wisconsin, and the Steelcase Foundation in Grand Rapids, Michigan. He is a member of the executive committee of the board of directors for the National Center for Arts and Technology, as well as the boards of advisors to the Gerald R. Ford School of Public Policy and the Life Sciences Institute at the University of Michigan. Additionally, he is a past president of the Institute of Design Board of Overseers at the Illinois Institute of Technology.

In January 2019, Hackett sent an email to Ford employees that read, "2018 was mediocre by any standard. Yes, we made $7 billion last year. But think of it this way: this represents a 4.4 percent operating margin, about half what we believe is an appropriate margin. So we are aiming for much closer to $14 billion.”

On August 4, 2020, Ford announced that COO Jim Farley would succeed Hackett as the CEO of Ford on October 1, 2020. Hackett retired and become a special adviser until March 2021.

Hackett holds a position on the Board of Directors for State Farm Mutual Automobile Insurance Company.

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James Hackett Videos

  • A Message from Ford CEO Jim Hackett | Ford
    A Message from Ford CEO Jim Hackett | Ford
    For more than a century, Ford has been a family company that’s helped through many challenges – and we are proud to do it again. From producing...
See All Videos »

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  • What topics does James Hackett speak about?

    James Hackett is a keynote speaker and industry expert whose speaking topics include Business, Business Growth, Business Leadership, Design, Executive Leadership, Leadership, Manufacturing, Marketing, Sales, Strategic Leadership.

  • Where does James Hackett travel from?

    James Hackett generally travels from Grand Rapids, MI, USA, but can be booked for private corporate events, personal appearances, keynote speeches, or other performances. For more details, please contact an AAE Booking agent.

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James Hackett is a keynote speaker and industry expert who speaks on a wide range of topics . The estimated speaking fee range to book James Hackett for your event is available upon request. James Hackett generally travels from Grand Rapids, MI, USA and can be booked for (private) corporate events, personal appearances, keynote speeches, or other performances. Similar motivational celebrity speakers are Gary C. Laney, Lori Cheek, Dyana Valentine, Peter Guber and Sara Blakely. Contact All American Speakers for ratings, reviews, videos and information on scheduling James Hackett for an upcoming live or virtual event.

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