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Timeline of former nameplates merging into Macy's. Many United States department store chains and local department stores, some with long and proud histories, went out of business or lost their identities between 1986 and 2006 as the result of a complex series of corporate mergers and acquisitions that involved Federated Department Stores and The May Department Stores Company with many stores ...
(He ended up giving three 1960 Ford Falcons to slugger Ted Kluszewski.) By the late 1950s, Courtesy Ford had become the world's largest Ford dealer with millions of dollars in sales. [5] On March 24, 1961, he became and remains the only automobile dealer to appear on the cover of Time Magazine. [6] [7] [8]
In 1988 Ford Motor Company sold 80% of Ford-New Holland Inc. to Fiat, and in 1991 Fiat acquired the remaining 20%, with the agreement to stop using the Ford brand by 2000. By 1999, Fiat had discontinued the use of both its own and the Ford name, and united them both under the New Holland brand.
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On August 4, 2020, Ford announced that COO Jim Farley would succeed Hackett as the CEO of Ford on October 1, 2020. Hackett retired and became a special adviser until March 2021. [13] [14] [15] Hackett holds a position on the Board of Directors for State Farm Mutual Automobile Insurance Company.
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