Ford China CEO resigns

Shanghai (Gasgoo)- On Monday, Ford China announced that Jason Luo resigned as chairman and chief executive officer of Ford China. Luo became the leader of Ford China business only about five months ago and its resignation was effective immediately.

As chairman and chief executive officer of Ford China, Luo was responsible for Ford’s operations in Greater China including its import business, Lincoln, its passenger car joint venture Changan Ford, commercial vehicle investment in Jiangling Motors Corporation, and the American automaker’s business in Taiwan.

Peter Fleet, head of Ford’s Asia Pacific operations, said in a statement that it is due to personal reasons that Luo left the company. Ford accepted the offer and thought it is the right move for the company and for Luo himself. “His personal decision has nothing to do with our strategy or performance in China. We will continue to promote our business development in China and take every effort to maximize the interest related to our company, staff and relevant parties.”

Luo’s replacement will be announced later. Before that, Peter Fleet will be in charge of Ford China operation.