• Friday, April 26, 2024

Business

Ford’s Indian-American head steps down after misconduct allegations

(Photo by Sean Gallup/Getty Images)

By: Keerthi Mohan

Indian-American Raj Nair, executive vice president and president of Ford North America, is stepping down from his post effective immediately following misconduct allegations. Nair, who has held various positions with the automobile giant since 1987, said he regretted instances where his actions were not in tune with the company’s policies. “I sincerely regret that there have been instances where I have not exhibited leadership behaviors consistent with the principles that the Company and I have always espoused. I continue to have the utmost faith in the people of Ford Motor Company and wish them continued success in the future,” Nair…

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