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Ford19 MayBusinessHigh confidence

Ford Names Dean Stoneley Interim CMO as Lisa Materazzo Departs

Key figure

2023

What Happened

Ford Motor Company announced today that Lisa Materazzo, global chief marketing officer, has elected to depart the company, effective June 1. Dean Stoneley, global product marketing executive director, has been appointed interim CMO. Materazzo joined Ford in 2023 and spearheaded the launch of the company's new global brand strategy under the 'Ready, Set, Ford' banner.

We appreciate Lisa's significant contributions to the Ford+ plan, including building a world-class team, driving customer loyalty and supporting our dealers around the world. We wish her the best in her next chapter. Dean has a proven track record of global marketing leadership, having served as CEO of Ford Canada and CEO of FordDirect, and brings extensive experience in digital strategy and advan
Jim Farley, Ford president and CEO
It has been an incredible honor to serve as Global CMO during this era of unprecedented change. I want to extend a heartfelt thank you to my amazing team. Together, we achieved remarkable milestones and evolved an American icon. Collaborating across the organization, partnering with our world-class dealers, and working alongside trusted partners to launch Ford's new global brand strategy has been
Lisa Materazzo, departing global CMO

Why this matters

This leadership transition at a major automaker could shape how Ford markets its vehicles and executes its global brand strategy.

Terms in This Story

CMO
Chief Marketing Officer, the executive responsible for a company's marketing strategy and operations.
Read Original: Ford