Raj Nair, the now-former executive vice president and president for North America, had a reputation as being one of the top â€œcar guysâ€� in Dearborn.
He may have had a different kind of reputation inside the halls of Ford HQ. Thatâ€™s because Ford announced today that heâ€™s leaving the company, effective immediately, following an â€œinternal investigation into reports of inappropriate behavior.â€�
Fordâ€™s investigation found that Nair behaved in a way â€œinconsistent with the companyâ€™s code of conduct.â€�
â€œWe made this decision after a thorough review and careful consideration,â€� Ford President and CEO Jim Hackett said in a press release. â€œFord is deeply committed to providing and nurturing a safe and respectful culture and we expect our leaders to fully uphold these values.â€�
Nair was also quoted in the release: â€œI 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.â€�
Nair had been in the leadership role since the beginning of June 2017. Before that, he was both the companyâ€™s head of global product development and its chief technical officer. He had been with the company for roughly three decades.
Ford plans to name a replacement sometime â€œin the near future.â€�
CNBC reported that Ford stock is trading flat in after-hours trading, as of this writing.
Details are scarce, but in the wake of the Harvey Weinstein revelations, a slew of high-profile corporate executives have been accused of inappropriate conduct at work, usually involving conduct that is considered sexual harassment. Ford has already come under fire due to accusations of ongoing sexual harassment at its Chicago Assembly plant. Whether what Nair is accused of is sexual in nature or not is not yet known.
This is a developing story and we will update as more information comes to light. We have reached out to Ford and a spokesman declined further comment.
UPDATE:Â The Detroit NewsÂ is reporting an anonymous complaint led to the investigation.