Explore about the Famous Businessperson James Hackett, who was born in United States on April 22, 1955. Analyze James Hackett’s net worth, age, bio, birthday, dating, height-weight, wiki. Investigate who is James Hackett dating now? Look into this article to know how old is James Hackett?
James Hackett Birthday Countdown
James Hackett Biography
James Patrick “Jim” Hackett (born April 22, 1955) is an American businessman. He is the president and chief executive officer of Ford Motor Company.
From 1977 to 1981, Hackett held sales and management positions at Procter & Gamble in Detroit, Michigan.
The Hackett family originally moved to Central Ohio via County Carlow and County Galway in Ireland. Hackett is a 1977 graduate of the University of Michigan, where he played center on the football team. He holds a bachelor’s degree in general studies. He and his wife, Kathy, have two sons. They reside in Grand Rapids, Michigan.
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.
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.
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’s coach and fellow U-M 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.
On May 22, 2017, Hackett succeeded Mark Fields as president and CEO of Ford Motor Company. He is 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 to improve profits. The company is targeting $3 billion in cost reduction and a nearly 10 percent reduction in the salaried workforce in Asia and North America to enhance earnings in 2018.
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.”
What's James Hackett Net Worth 2024
| Net Worth (2024) | $1 Million (Approx.) |
| Net Worth (2023) | Under Review |
| Net Worth (2022) | Under Review |
| Net Worth (2021) | Under Review |
| Net Worth (2020) | Under Review |
James Hackett Family
| Father's Name | Not Available |
| Mother's Name | Not Available |
| Siblings | Not Available |
| Spouse | Not Available |
| Childrens | Not Available |
