The rumors have now been confirmed, Ford’s CEO Alan Mulally is retiring and in his place Mark Fields has been named as Ford’s new president and CEO.
The rumors have now been confirmed, Ford’s CEO Alan Mulally is retiring and in his place Mark Fields has been named as Ford’s new president and CEO.
Alan Mulally will retire on July 1. “From the first day we discussed Ford’s transformation eight years ago, Alan and I agreed that developing the next generation of leaders and ensuring an orderly CEO succession were among our highest priorities,” Executive Chairman Bill Ford said. “Mark has transformed several of our operations around the world into much stronger businesses during his 25 years at Ford. Now, Mark is ready to lead our company into the future as CEO.”
“It has been an honor to serve and contribute to creating a viable, profitably growing company for the good of everyone associated with the Ford Motor Company,” Mulally said. “By working together with all of our stakeholders around the world, we now are accelerating Henry Ford’s original vision to open the highways to all mankind.
Mark Fields was named Ford’s chief operating officer in December 2012 and before that Fields served as executive vice president and president – The Americas since October 2005.
Source: Ford
