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

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."

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Comments (6)
  • qw
    , contributor
    Comments (144) | Send Message
    Mulally will stay until Ford's European Operations have turned profitable, projected to be late 2014/early 2015.
    Plus, most likely he will remain on the BOD for the foreseeable future.
    6 Sep 2013, 05:40 AM Reply Like
  • jaycooney
    , contributor
    Comment (1) | Send Message
    Story is based on (Reuters) is speculative. According to Bloomberg, via Alan Mulally email, “I plan to continue to serve as Ford’s president and CEO until at least the end of 2014.” He also said he wants to remain “absolutely laser focused” on earnings growth, “I love serving Ford and will continue serving Ford,” Mulally said in an interview from Berlin. Catch up!
    6 Sep 2013, 07:18 AM Reply Like
  • Tdot
    , contributor
    Comments (8693) | Send Message
    Every time you turn around, you have another moron planting seeds of rumor and gossip, fertilizing and watering it with his own excrement, just trying to provoke any sort of a response, so they can then claim the scoop on the story if some weed starts to sprout.


    It is all just a nice smelly patty of cow manure, with little maggots wriggling around in it for attention.
    6 Sep 2013, 08:13 AM Reply Like
  • Tdot
    , contributor
    Comments (8693) | Send Message
    CONFIRMED that the Reuters story was absolutely BOGUS.


    "There is no change from what we announced in November: Alan Mulally plans to continue to serve as Ford's president and CEO through at least 2014," Ford spokesman Jay Cooney said Friday morning.


    "I plan to continue to serve as Ford's president and CEO until at least the end of 2014," and to remain "absolutely laser focused" on earnings growth, Mulally wrote in an e-mail to Bloomberg News on Friday. "I love serving Ford and will continue serving Ford," Mulally said in an interview from Berlin with Anna Edwards on Bloomberg Television's "Countdown."


    Let the man leave town for a day or two, and the slimy maggots in the media instantly start to crawl out of the manure and say whatever they want. And people actually listen to them!


    It is a real shame that Ford and Alan have to stop what they are doing to address false gossip and rumors made up out of thin air just to grab headlines and make hay, which as we know turns into manure after a day or two.

    6 Sep 2013, 09:33 AM Reply Like
  • Ford Man 26
    , contributor
    Comments (66) | Send Message
    I think Mulally is a management genious and would love for him to continue at Ford (I work there) but, the world would actually be a better place if he moved on to another role, maybe in politics or government 'service'. He'd probably be the only person in Washington who understands engineering, manufacturing, and global trade. The measure of a good manager is when his organization can function effectively without him - and he's a good manager.
    6 Sep 2013, 10:03 AM Reply Like
  • Tdot
    , contributor
    Comments (8693) | Send Message
    That might be the one exception where Ford might be OK with Alan going away on leave, aside from health and/or family issues: if he runs for President of the United States.


    Unfortunately the last time we had a reasonably well-educated engineering, military, and management type in the White House was with a certain Nuclear Engineer named ... Jimmy Carter. And all anyone remembers about Jimmy Carter ("Jimmy Who?" - ca 1976) is the Peanut Farmer and Billy Beer. And a failed foreign policy, military blunders, and American hostages held in Iran until Reagan was elected in 1980.


    At least Alan is reasonably well known outside of Kansas, Seattle, and Detroit. Of course he would be taking office at age 70...
    6 Sep 2013, 11:05 AM Reply Like
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