(Reuters) -Ford Motor said on Friday that John Lawler would hand over his role as finance chief to ex-Lucid Motors CFO Sherry House in 2025 as he transitions to vice chair to take on broader responsibilities at the Detroit automaker.

House, who has previously held leadership roles at Alphabet’s Waymo and worked with General Motors in two separate stints, will join Ford as vice president of finance effective in early June and succeed Lawler later.

As vice chair, Lawler will focus on Ford’s strategic development, current and future global partnerships, and build on the company’s engagement with global leaders in regions including China, Southeast Asia and Europe. He has been Ford’s CFO since October 2020,

The move comes as Ford executes on its “Ford+” growth plan, which was launched in 2021 and is aimed at boosting sales of both its gasoline- and battery-powered vehicles.

“Sherry adds an important leadership dimension to Ford as we urgently build a profitable EV business, generate new and recurring revenue streams, and create a more dynamic and resilient company,” Ford CEO Jim Farley said.

The carmaker recorded a $1.3 billion operating loss for its EV and software division in the first quarter.

(Reporting by Deborah Sophia in Bengaluru; Editing by Anil D’Silva)