Ford's shares lag as CEO Hackett provides scant details of turnaround plan
September 11, 2018 at 12:14 PM EDT
More than a year after becoming CEO, and two months after he said it will cost at least $11 Billion to restructure Ford, Hackett has yet to give Wall Street details about his turnaround plan. The longer Hackett goes without unveiling his plan, the lower Ford shares slide.
