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Story summary
- Doug Field, Ford's chief EV, digital, and design officer, is leaving amid a restructuring.
- The departure coincides with Ford's executive restructuring led by COO Kumar Galhotra to pursue the Ford+ plan and an 8% adjusted EBIT margin by 2029.
- CEO Jim Farley emphasized the change's significance for Ford's future.
- Field's exit comes as Ford plans to launch a midsize electric pickup on the Universal Electric Vehicle platform next year.
