When does an asset become a liability? That’s the question Ford CEO Bill Ford Jr. had to be wrestling with as he mulled over whether to try and keep Wolfgang Reitzle or let the head of Ford’s Premier Automotive Group (PAG) luxury division walk out the door. Reitzle exited Ford in mid April to take the top job with German industrial engineering firm Linde. Reitzle came to Ford in 1999 from BMW, where he was credited with shepherding some of the finest luxury/performance sedans into ...

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