Ford board to press CEO over his future plans

Article by Anita Panait, on December 13, 2013

The board of directors at Ford Motor Co. is planning to press chief executive Alan Mulally on his plans for his future, amidst increasing rumors that he will be the next top honcho at Microsoft Corp. Several sources privy to Microsoft told Reuters that Mulally is one of the candidates considered to become the next CEO of the technology giant.

Mullaly has not directly denied having interest in the role -- and this has began to bother some members of the Ford's board, two sources told Reuters this week. Mulally also is a board member. According to the sources, directors intended to raise the issue with him this week or next. "It's drowning out the rest of the story," said one source privy to Ford's board told Reuter, noting that people now only write about Mullaly, instead of the new Mustang or of the company's earnings.

That has led to frustration and a desire for clarity, the source said. A Ford spokesman reiterated that Mulally will remain as chief executive through 2014, although it surfaced in September that the board would be open to him departing from the company earlier than that. “Alan is staying through the end of 2014 and that’s all I know,” Edsel Ford II, great-grandson of founder Henry Ford, said during the sidelines of the introduction of the new Mustang.

Topics: ford, ceo

If you liked the article, share on:

Comments

Recommended

Polestar is notably known to be Volvo's internal performance specialists, and around last year Polestar revealed to the public that it will utilize electrification to further advance the power of...
by - June 26, 2017
Earlier this month, Porsche introduced to us the 911 Turbo S Exclusive Series. The car wore a Golden Yellow Metallic paint. The same time it was launched, the company said...
by - June 26, 2017
Last month, the Lamborghini Centenario made its way to the Transformers: The Last Knight premiere where it got the attention of many. Following that event, three Lamborghini Centenario coupes landed...
by - June 26, 2017
The Holy Trinity of hypercars may not be accessible anymore after being discontinued, but that doesn’t mean we won’t see any more hypercars in the future. What we know is...
by - June 26, 2017
Kia is taking things a step further with the new Kia Stinger, which they first introduced at the 2017 Detroit Auto Show. With the specs given to us by the...
by - June 25, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries