Ford’s Alan Mulally to retire, new CEO is Mark Fields

Alan Mulally Retiring July 1; Mark Fields Named President and CE

(L-R): Alan Mulally, Bill Ford, Mark Fields

The Ford Motor Company has a new CEO – Mark Fields, who will succeed Alan Mulally on July 1 2014. Mulally is 68 years old this year and he will be retiring after heading Ford for the past eight years, although he doesn’t rule out taking up a job at a new company in the future.

“It has been an honor to serve and contribute to creating a viable, profitably growing company. 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,” Mulally said.

“Ford’s future is so bright, and Mark – supported by an experienced and dedicated senior leadership team – is absolutely the right leader to continue to deliver on our compelling vision,” Mulally added.

Once a bleeding automaker in the red along with the other big Detroit automakers, Ford posted a profit of US$8.5 billion in 2013. Many consider Mulally to be the man who saved Ford, but he wasn’t even an auto industry guy. He was considered an outsider, spending most of his career at Boeing where he was hired fresh out of college as an engineer.

His successor Mark Fields however, is an auto industry guy, having spent the last 25 years of his career at Ford. He was promoted to the COO position at Ford in December 2012, basically the number two man at Ford. Once he becomes CEO, the COO position will not be filled.

He started off in Ford as a market research analyst in the late 80s and by the year 2000, he was the CEO of Mazda, then owned by Ford. Fields was also the man who oversaw Mazda’s ‘zoom-zoom’ ad campaign.

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Paul Tan

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history.

 

Comments

  • nazgul on May 02, 2014 at 12:12 pm

    mulally>khamil…drb pls extend offer…

    Like or Dislike: Thumb up 2 Thumb down 1
    • sompua on May 02, 2014 at 3:20 pm

      No one in the right mind would join DRB for its insane style of management

      Like or Dislike: Thumb up 1 Thumb down 2
      • Hemi 426 on May 02, 2014 at 4:37 pm

        What management does DRB has in the first place?Anyway i agree with you,insane style of management and the encouraged cronyism would an utter understatement.

        On another note,Mr. Mark Fields would the best candidate to take Ford Motor Company to the next level of measurable success.

        Cheers.

        Like or Dislike: Thumb up 6 Thumb down 1
        • retard always think abaout crony and shit.. klu malas cakap je la.. xpayah nk berdengki dengan orang berjaya..

          Like or Dislike: Thumb up 2 Thumb down 2
  • Polo Saga on May 02, 2014 at 6:01 pm

    Alan Mulally is a great leader who saved Ford from debts. As for DRB? Come on, it just another Malaysia crony, what do u expect.

    Like or Dislike: Thumb up 4 Thumb down 1
  • M4YH3M on May 02, 2014 at 6:07 pm

    Mr Tan. You need to be writing “DRIVEN: Car ABC” articles more. Your past articles are so detailed and engaging, which I found quite lacking in recent articles. They are just not as engaging as compared to before. I just like it when your post go way out of the ordinary such as explaining new terms and how stuff works, 101s, comparison of different specs across same model, [b]drive experience[/b] (handling, comfort level, actual fuel consumption, etc.), etc. What readers wants to know is the feeling you get driving the car, not just the zero-whatever figures you can get off google, and that’s the point of those DRIVEN articles methinks.

    Anyways, keep up the good work!

    Like or Dislike: Thumb up 1 Thumb down 2
 

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