• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle

3

Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle

3

Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
FinanceFinance

Ford announces new CFO—former Lucid exec Sherry House will be first woman to take on top finance role

Sheryl Estrada
By
Sheryl Estrada
Sheryl Estrada
Senior Writer and author of CFO Daily
Down Arrow Button Icon
Sheryl Estrada
By
Sheryl Estrada
Sheryl Estrada
Senior Writer and author of CFO Daily
Down Arrow Button Icon
May 10, 2024, 1:37 PM ET
Sherry House will begin her tenure as CFO at Ford in 2025. 
Sherry House will begin her tenure as CFO at Ford in 2025. Courtesy of Lucid Motors/PR Newswire

Ford Motor Company is preparing for a CFO transition. The automotive giant (no. 19 on the Fortune 500) announced on Friday that Sherry House, who most recently was CFO at electric vehicle maker Lucid Motors, is joining Ford as vice president of finance, on June 3. House will succeed current CFO John Lawler in early 2025. She will be the first woman to become CFO of Ford Motor, a spokesperson confirmed. 

Recommended Video

In joining Ford, House is returning to Michigan, her home state. She previously served as CFO at Lucid Motors from May 2021 until this past December. During her tenure, Lucid went public in July 2021, started producing and delivering its luxury EVs, and opened manufacturing plants in the U.S. and Saudi Arabia. 

House brings an “important leadership dimension to Ford as we urgently build a profitable EV business, generate new and recurring revenue streams, and create a more dynamic and resilient company,” Ford CEO Jim Farley said in a statement.

Before joining Lucid, House held several senior leadership positions at the autonomous-driving technology company, Waymo. She also previously served two tenures at General Motors, first in product engineering, then corporate strategy, accounting, venture capital, and business planning and analysis.

At Ford, House looks forward to “applying the breadth of my experience,” she said in a statement. 

Outgoing CFO Lawler was promoted to the role of vice chair, a position in which he will lead the company’s long-term strategy. He will begin that role on June 3, in addition to serving as CFO until next year. Lawler is one of the architects of the Ford+ plan, a customer-focused plan to grow and create value.

“John is an outstanding strategic business leader and can leverage his talent and global experience to help Ford compete and win in this fast-changing and extremely competitive environment,” Ford CEO Jim Farley said in a statement. 

During his more than 30-year career at Ford, one of Lawler’s many leadership roles was VP of strategy, business, development, and global data and analytics and he also spent nearly four years as president of Ford China. 

As vice chair, Lawler will exclusively be focusing on strategic and commercial imperatives for Ford, leveraging partnerships, and liaising with leaders around the globe, including in China, Southeast Asia and Europe, to advance industry-critical policy, according to the company.  

Lawler’s new role comes at a time when the automotive industry is going through a “double transformation,” a Ford spokesperson told Fortune. With the digital transformation of the industry, the underlying technology of vehicles is virtually turning them into smartphones on wheels. And there’s also the transformation within the industry from traditional gas to hybrid and EV products. 

“This is a great challenge with great possibilities, and I’m eager to get after it,” Lawler said in a statement.

The industrywide price war on electric autos has become a major concern for investors. And as electric vehicle sales in the U.S. are starting to slow, Ford said last month it would delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.

 

About the Author
Sheryl Estrada
By Sheryl EstradaSenior Writer and author of CFO Daily
LinkedIn iconTwitter icon

Sheryl Estrada is a senior writer at Fortune, where she covers the corporate finance industry, Wall Street, and corporate leadership. She also authors CFO Daily.

See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
Investingtech stocks
‘Yet another way in which 2026 is looking like 1999’: Top analyst fears bubble popping with investors and Wall Street out over their skis
By Nick LichtenbergJune 8, 2026
20 minutes ago
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
Investingtech stocks
Markets face triple threat of Iran war reigniting, AI bubble popping, and Fed rates rising while epic SpaceX IPO could fuel even more chaos
By Jason MaJune 7, 2026
8 hours ago
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
HealthPharmaceutical Industry
Novo Nordisk CEO looks beyond weight loss to longevity and aesthetics
By Madison Muller and BloombergJune 7, 2026
9 hours ago
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
InvestingIPOs
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
By Jason MaJune 7, 2026
10 hours ago
Trump says Fed rate increase would be wrong ahead of Warsh debut
EconomyFederal Reserve
Trump says Fed rate increase would be wrong ahead of Warsh debut
By Tony Czuczka, Jennifer A. Dlouhy and BloombergJune 7, 2026
12 hours ago
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
Big Techtech stocks
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
By Eva RoytburgJune 7, 2026
14 hours ago

Most Popular

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
19 hours ago
I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
Commentary
I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
By Lindsey HarnJune 6, 2026
2 days ago
Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving to college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
17 hours ago
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
AI
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
By Marco Quiroz-GutierrezJune 5, 2026
3 days ago
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'
Energy
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'
By Jason MaJune 6, 2026
1 day ago
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
Big Tech
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone'
By Eva RoytburgJune 7, 2026
14 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.