Ford Motor Company, the iconic American automaker founded by Henry Ford in 1903, was led by Jim Hackett (James Patrick Hackett) as President and CEO from May 2017 to October 2020. Hackett, a veteran business leader known for his visionary approach to design and innovation, was brought in to replace Mark Fields and accelerate Ford’s transformation into a mobility and technology company. Before Ford, Hackett spent 30 years at Steelcase, including 20 years as CEO, where he transformed the Grand Rapids furniture maker from a traditional manufacturer into a global industry innovator. At Ford, Hackett launched Ford Smart Mobility, initiated an $11 billion restructuring plan, and steered the company’s early investments in electric and autonomous vehicles before retiring and handing the reins to COO Jim Farley in October 2020.

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Jim Hackett – Quick Facts

Ford Motor Company Competitors

Ford Motor Company operates in the highly competitive global automotive industry. The key competitors of Ford include:

• General Motors (GM) – America’s largest automaker by volume; Chevrolet, GMC, Cadillac, Buick
• Toyota Motor Corporation – World’s largest automaker by revenue; Toyota, Lexus
• Stellantis N.V. – Jeep, RAM, Chrysler, Dodge (major truck & SUV rival)
• Tesla, Inc. – Leading EV manufacturer and key competitor in the electric truck segment
• Volkswagen Group – Europe’s largest automaker; VW, Audi, Porsche, Lamborghini
• Hyundai Motor Group – Hyundai, Kia, Genesis (fast-growing global competitor)
• Honda Motor Company – Major competitor in sedans, SUVs, and crossovers
• BMW Group – Premium and luxury vehicle competitor; BMW, MINI, Rolls-Royce

Jim Hackett Net Worth 2026 – Ford CEO Salary

As of 2026, Jim Hackett’s net worth is estimated at approximately $25–35 million USD, based on SEC insider trading filings, disclosed Ford stock holdings, and his cumulative compensation during his tenures at Ford and Steelcase. According to financial tracking sources, Hackett directly owns approximately 174,575 shares of Ford Motor Co (F) stock, with additional wealth accumulated from decades of executive compensation.

During his three-year tenure as Ford CEO (2017–2020), Hackett earned a total compensation of approximately $68.5 million, with the majority tied to performance-based stock awards and incentive bonuses.

Jim Hackett Compensation Breakdown (FY2018 – Peak Year)

Ford Motor Company Net Worth 2026 – Is Ford Profitable?

Ford Motor Company reported record revenue of $187.3 billion in fiscal year 2025 but posted a net loss of $8.2 billion due to approximately $7 billion in special charges related to restructuring its electric vehicle strategy. The company’s Ford Pro commercial vehicle unit remained highly profitable with $6.8 billion in adjusted EBIT, while the Model E electric vehicle division lost $4.8 billion. Ford is guiding for an improved 2026 with adjusted EBIT of $8–10 billion.

Ford Motor Company Financial Summary (FY2025)

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Ford CEO Email Address | Jim Hackett Contact

Below are the contact details and social media profiles associated with former Ford CEO Jim Hackett. Note that as a retired executive, some corporate contact channels may no longer be active:

Career & Education – Company, University, & College

Jim Hackett’s career spans nearly five decades in business, from consumer goods to office furniture to automotive manufacturing. Known as a design-thinking visionary and operational executive, he built his reputation during a transformative 30-year tenure at Steelcase before being tapped to lead Ford’s mobility-focused transformation.

Jim Hackett Career Timeline

Jim Hackett began his career at Procter & Gamble in Detroit in 1977, working in sales and management for four years. In 1981, he joined Steelcase Inc., the world’s largest office furniture manufacturer, in Grand Rapids, Michigan. Over 13 years, he rose through various sales and marketing positions before being named President and CEO in 1994 at age 39 — the youngest leader in the company’s history.

During his remarkable 20-year tenure as Steelcase CEO, Hackett transformed the company from a traditional manufacturer into a global design and innovation leader. He championed a human-centered approach to workspace design that anticipated the open-office and collaborative workspace movement. Though he had to make tough decisions — including reducing the workforce by nearly 12,000 employees during industry downturns — he steered Steelcase to become a $3 billion global enterprise before retiring in February 2014.

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After retiring from Steelcase, Hackett was called upon by the University of Michigan in 2014 to serve as Interim Director of Athletics during a turbulent period. In that role, he made the landmark decision to hire Jim Harbaugh as head football coach, a move that revitalized the program. Hackett had joined Ford’s Board of Directors in 2013 and was named Chairman of Ford Smart Mobility LLC in March 2016, overseeing the company’s investments in ride-sharing, autonomous vehicles, and connected car technology.

In May 2017, Ford’s board appointed Hackett as President and CEO, replacing Mark Fields. At Ford, he launched an $11 billion restructuring plan, streamlined global operations, cut salaried workforce by nearly 10%, and accelerated investments in electric and autonomous vehicles — laying the groundwork for the Mustang Mach-E and the all-electric F-150 Lightning. He retired in October 2020 and served as a special advisor until March 2021. Since 2021, he has served on the board of La-Z-Boy Incorporated.

Education

Jim Hackett Wiki – Age, Wife, Family, & More

Former Ford CEO Jim Hackett (age 70, born April 22, 1955) was born in Columbus, Ohio, and raised in London, Ohio. His family traces its roots to County Carlow and County Galway in Ireland. Hackett played center on the University of Michigan football team — a passion for the sport that runs in his family, as both his father and brother were also football players.

Jim and his wife, Kathy Hackett (née Hedges), have been married for decades and have two sons, including Patrick. The couple resides in Grand Rapids, Michigan, where they have deep community ties from Hackett’s long tenure at Steelcase. Together, Jim and Kathy run the Jim & Kathy Hackett Family Foundation, which supports education, community development, and civic causes.

Notable Achievements & Recognitions

• Youngest CEO in Steelcase History – Named CEO at age 39 in 1994, serving for 20 years
• University of Michigan Interim Athletic Director – Hired Jim Harbaugh as head football coach (2014–2016)
• Ford Smart Mobility Pioneer – Founded and chaired Ford Smart Mobility LLC before becoming CEO
• $11 Billion Restructuring Plan – Launched Ford’s largest transformation initiative in decades
• Gerald R. Ford Presidential Foundation Trustee – Active board member
• Design Thinking Advocate – Known for applying human-centered design principles to corporate strategy

Hackett is widely recognized as a visionary leader who championed design thinking and human-centered innovation across every organization he led. He has been described as a “futurist” by Ford Executive Chairman Bill Ford, who called him “the right CEO to lead Ford during the most transformative period in the auto industry.”

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About Ford Motor Company

Ford Motor Company is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford on June 16, 1903, the company revolutionized automobile manufacturing with the introduction of the assembly line and the iconic Model T. Today, Ford is one of the world’s largest automakers, operating through three main business segments:

Ford trades on the New York Stock Exchange under the ticker symbol F. The company employs approximately 169,000 people and operates manufacturing facilities on six continents. Ford’s iconic brands include the F-Series (America’s best-selling truck for over 40 consecutive years), the Mustang, the Bronco, and the Explorer. The company recorded record revenue of $187.3 billion in 2025.

Frequently Asked Questions (FAQ)

Who is Jim Hackett and what was his role at Ford?

Jim Hackett (James Patrick Hackett) served as President and CEO of Ford Motor Company from May 2017 to October 2020. He was brought in to replace Mark Fields and lead Ford’s transformation into a mobility and technology company. Before Ford, he was the longtime CEO of Steelcase Inc., the world’s largest office furniture maker.

What is Jim Hackett’s net worth in 2026?

As of 2026, Jim Hackett’s net worth is estimated at $25–35 million USD, based on SEC insider filings and disclosed Ford stock holdings. During his three-year tenure as Ford CEO, he earned cumulative compensation of approximately $68.5 million.

What was Jim Hackett’s salary as Ford CEO?

Jim Hackett’s peak total compensation as Ford CEO was approximately $17.75 million in FY2018, including a $1.8 million base salary, $12.7 million in stock awards, and $2.6 million in bonuses. Over 89% of his pay was performance-based.

Why did Jim Hackett leave Ford?

Jim Hackett retired as Ford CEO on October 1, 2020, and was succeeded by COO Jim Farley. While Ford described it as a planned retirement, the transition came after Ford’s stock price declined during Hackett’s tenure and amid challenges from the COVID-19 pandemic. He served as a special advisor until March 2021.

What is Jim Hackett’s email address?

During his tenure as Ford CEO, Jim Hackett’s email address was [email protected]. Since his retirement in 2020, this corporate email may no longer be active. He can be reached through his LinkedIn profile. For Ford corporate inquiries, contact the current CEO Jim Farley.

Who is the current CEO of Ford Motor Company?

The current CEO of Ford Motor Company is Jim Farley, who succeeded Jim Hackett on October 1, 2020. Under Farley’s leadership, Ford has reorganized into three business units (Ford Blue, Ford Pro, and Ford Model e) and achieved record revenue of $187.3 billion in 2025.

Article last updated:February 2026March 2, 2026