Ford preps for CEO transition

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

Alan Mulally says he will remain close to Ford (F) even after he leaves the company next month.

Analysts note the exec's close relationship with new CEO Mark Fields has set a reassuring tone with the investment community over the transition.

Mulally is still mum on his post-Ford plans, although his latest comments seem to indicate another post within the automobile industry is unlikely.