Article: Ford Moves to 'Rebuild Relationships'; Chairman Ousts Nasser, Cites Loss Of Focus

Ford Motor Co. Chairman William Clay Ford Jr. said yesterday that he decided to force the resignation of Jacques Nasser, the company's president and chief executive, because the automaker was near paralysis.

"I think we lost our focus in several areas," Ford said. "We do need to rebuild relationships, starting right here in the Ford Motor Co. You can't rebuild a business if you don't have strong partnerships with your dealers, suppliers, the UAW [United Auto Workers union], Wall Street and the government. A lot of those relationships are either broken or not healthy."

The resignation ends a stormy three-year relationship between Nasser, 53, an earthy and outspoken native of the Middle East ...

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