I picked up this rumbling from Forbes yesterday and if it hasn't yet happened will likely happen any minute now.

"Ford Motor Co. has fired CEO Mark Fields and will replace him with James Hackett, head of the automaker's Smart Mobility arm, as part of a broad management shakeup, according to reports by Forbes and other news organizations.

An announcement will be made Monday, a source close to the situation told Forbes.

Ford would not confirm the reports, saying in a statement: "We are staying focused on our plan for creating value and profitable growth. We do not comment on speculation or rumors."

Hackett, 62, former CEO of Grand Rapids-based office furniture maker Steelcase Inc., was on Ford's board from 2013 until last year, when he took charge of Ford Smart Mobility LLC."
Quoted from Crain's Detroit Business.

See also ongoing DetroitYES discussion thread for some good in depth discussion behind this move:
And It Begins - Ford To Cut 10% Of Workforce