Facebook Adds Chief Marketing Officer to Exec Lineup and 2 Other Hot Stocks to Watch
Facebook Inc. (NASDAQ:FB): Current price: $39.10
Facebook will now have a chief marketing officer in Gary Briggs, who held the same position at Motorola Mobility when Google closed its acquisition of that company. He will replace Eric Antonow, who has held the position at Facebook since 2010. Ad Age reports that this “change in title reflects an expanded scope for the role.” At Facebook, Briggs’s duties will be to lead branding and marketing for Facebook of users, developers, and potential consumers of new products.
Cisco Systems (NASDAQ:CSCO): Current price $26.37
A global study released by Cisco, the 2013 Cisco Global Young Executives’ Video Attitudes Survey, indicates that a new generation is coming into the management ranks of companies. The research shows that most next-generation executives will rely heavily on business-class video to link teams, suppliers, colleagues, customers, and prospects, along with helping their businesses provide new products and services.
Ford Motor Co. (NYSE:F): Current price $17.32
The automaker has been mulling an addition to its Fusion production capacity for more than a year, and this summer it will add a second manufacturing facility, the Flat Rock Assembly Plant in Michigan. In July, Ford opened a “simulated factory” at Flat Rock, where it is training new hires before to putting them on the Fusion assembly line in September. The Flat Rock factory will continue to make the Mustang in addition to the Fusion, but with two shifts, it should be able to expand North American output capacity for the Fusion by a minimum of 10,000 vehicles per month.
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