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Mark Fields Net Worth After Ford Replaces CEO With Jim Hackett

After three years with the company, former Ford CEO Mark Fields was ousted by the Michigan-based automaker Monday. He was replaced by Jim Hackett, chairman of Ford Smart Mobility. After Fields was replaced, how much money did he made as the CEO of Ford? Fields, 52, reportedly earned nearly $20 million from Ford during 2016 alone, Salary.com reported. Most of his month was made through the stock, earning an estimated $14. 2 million. He received $1.7 million for his salary and $2.7 million as a bonus. An estimated $435 million…

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How Southwest Beat JetBlue To Become Passengers’ Favorite Airline

This article originally appeared on the Motley Fool. After taking a step backward in 2016,  JetBlue Airways (NASDAQ:JBLU)  improved its score significantly in the 2017 J.D. Power North America Airline Satisfaction Study. • Motley  Fool  Issues Rare Triple-Buy Alert However, that wasn’t enough to keep JetBlue at the top of the J.D. Power rankings for a 13th consecutive year. Instead,  Southwest Airlines   (NYSE:LUV)  continued a surge up the rankings that began last year, dethroning JetBlue as the industry leader in customer satisfaction. What the study measures J.D. Power’s annual…

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Who Is Mark Fields? Ford Motors Replacing CEO With Jim Hackett, Former Steelcase Chief

In a major push to transform its business, Ford Motors fired its CEO, Mark Fields, according to a report. Former Steelcase chief Jim Hackett, head of Ford Smart Mobility LLC Subsidiary, will replace Fields. Ford plans to announce their management changes Monday morning, the New York Times said, citing officials. Hackett served as the CEO of Steelcase, a Michigan-based furnitture company for about two decades. He resigned from the post in early 2014. Widely attributed with renovating the company’s corporate culture and assisting clients redesign their workspace, Hackett made several…

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United Arab Emirates, Kenya, India And 5 Other Countries Buying Weapons From The US

This article originally appeared on the Motley Fool. With the S&P 500 down 1.5% over the past week, it seems turmoil in the Trump Administration isn’t doing investors a lot of favors. But give Donald Trump credit where credit is due. His administration is doing great things for one segment of the stock market: The defense industry. Introducing Uncle Sam: Arms dealer to the world We know this because late last month, the Trump Administration Defense Security Cooperation Agency notified Congress of a whole slew of big ticket arms deals in…

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Business 

Elon Musk Turned Down Tesla-Uber Partnership Offer Made By Travis Kalanick, New Book Says

Soon after Apple announced in May 2016 it was investing $1 billion in Chinese ride-hailing service, Didi Chuxing, Uber CEO Travis Kalanick called up Elon Musk and proposed a self-driving partnership between his company and Tesla. But Musk turned down the offer to team up against Apple, calling it unrealistic, according to a new book to be released May 23. The book by Adam Lashinsky, who writes for Fortune magazine, is titled “Wild Ride: Inside Uber’s Quest for World Domination.” In it, Lashinsky writes about Kalanick recounting the call to…

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