TOKYO — Gary Hexter resigns from his post as chief financial officer of Mazda Motor Corp. as the automaker announces a 60% drop in operating profits. Mazda Board Chairman Mamoru Takebayashi also announced plans to step down. Hexter was sent as part of a four-man team from Ford Motor Co., which owns a third of Mazda, to help the Japanese automaker undergo a sweeping financial restructuring. He was regarded as the driving force behind Ford's restructuring efforts. No reason was given for ...

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