Ford's Mulally may step down earlier than expected: Reuters

|About: Ford Motor Company (F)|By:, SA News Editor

Ford's (F) board may be willing to allow CEO Alan Mulally to step down ahead of schedule, people familiar with the matter tell Reuters.

A succession plan unveiled last year had Mulally remaining CEO through 2014 but the board — which is reportedly "warming" to the notion of COO Mark Fields taking the reins — is considering letting him "determine the timing of his potential exit," as he considers " another high-profile job to follow up his tenure at Ford."

For his part, Mulally says he is "absolutely focused on serving ... Ford."