Raj Nair, executive vice president and president of Ford (F) North America, has been forced out of his job after an internal investigation into reports of inappropriate behavior.
The review determined certain behavior by Nair was inconsistent with the automobile company's code of conduct.
"We made this decision after a thorough review and careful consideration," said Ford President and CEO Jim Hackett, in a press release. "Ford is deeply committed to providing and nurturing a safe and respectful culture, and we expect our leaders to fully uphold these values.
Nair joined Ford in 1987 as an engineer, according to BoardEx, a relationship mapping service of The Street Inc. In June 2017, Nair became the Regional President of North America for Ford. Before that, he served as Ford's head of global product development and chief technical officer.
"I sincerely regret that there have been instances where I have not exhibited leadership behaviors consistent with the principles that the Company and I have always espoused," Nair said in the press release issued by Ford. "I continue to have the utmost faith in the people of Ford Motor Company and wish them continued success in the future."
Ford shares fell about 0.3% to $10.60 in trading on the New York Stock Exchange today. The shares are down about 15 percent since the start of the year.