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

It is quite common to revive classic cars if you have a lot of extra money. Models like the Jaguar XKSS and Aston Martin’s DB4 GT have been upgraded to...
by - August 21, 2017
Famous designer of certain Ferrari vehicles like the Enzo Ferrari and the P4/5, Ken Okuyama has revealed another one of his designs at the 2017 Pebble Beach Concours over the...
by - August 21, 2017
The current generation of the BMW M3 (F80) sedan isn’t just sporty and luxurious in terms of looks, but also in terms of performance. Because of its athletic appeal, the...
by - August 21, 2017
A lot of us know Singer Vehicle Design and their signature work of reimagining Porsche 911s, and making them look like hot rods from the 70s. They are not alone...
by - August 20, 2017
August 17, 2017 is a sad day for the Dodge Viper, its fans, enthusiasts and its admirers. It is the day when the last Dodge Viper rolled off the assembly...
by - August 20, 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