Ford Pro CEO Ted Cannis Announces Retirement After 35 Years

Cannis, who led Ford's commercial vehicle segment to significant profitability, will be succeeded by Andrew Frick on an interim basis.

Ted Cannis has been with Ford since 1989 and has led the Ford Pro segment since its inception in 2021.
Under Cannis' leadership, Ford Pro is projected to reach $70 billion in revenue this year, making it a Fortune 100-size business.
Ford Pro reported $2.6 billion in earnings before interest and tax (EBIT) for the second quarter, with a 15% margin.
Andrew Frick, president of Ford Blue, will temporarily lead Ford Pro until a permanent replacement is appointed.
Cannis also managed Ford's customer service division and played a key role in developing the Mustang Mach-E and F-150 Lightning.