Ford names chief accounting officer
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Ford Motor Co. named Kyle Crockett its new chief accounting officer, per a May 13 press release. He will lead all areas of the company's accounting division and manage internal controls over financial reporting.
According to the press release, Crockett's appointment is effective 'the first business day after the company files its second quarter Form 10-Q' with the Securities and Exchange Commission.
In an announcement on his LinkedIn, Crockett noted that he would be transitioning into his new role in July. As the company has 40 days after the end of the quarter to file its quarterly report to the SEC, Crockett will assume the role by Aug. 9.
Crockett joined Ford on May 19 as VP of accounting, reporting to Ford CFO Sherry House, and will transition to CAO from that role.
Crockett will succeed CAO Mark Kosman, who is moving into a new position within Ford's finance division, according to the press release. Kosman has served as CAO for just over a year, according to his LinkedIn profile, and began his career at Ford in 1989.
Crockett was previously VP, controller and CAO at heating and cooling company Carrier Global Corp. There, he launched the company's global controllership team, optimized Carrier's business portfolio and simplified its use of technology, according to the press release. Before his time at Carrier, Crockett spent more than a decade working in finance at General Motors, according to his LinkedIn profile. His experience spans technical accounting, SEC reporting, operational finance, acquisitions and dispositions and internal controls.
'I am pleased to welcome Kyle to Ford,' House said in the press release. 'The discipline, rigor and systematic approach he will bring to accounting will support us as we continue to progress our business transformation.'
Crockett's hiring follows several leadership changes at Ford this year, including House taking on the CFO role in February.
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