Ford is gearing up for Mulally exit next year

Article by Anita Panait, on December 18, 2013

Ford seems to be preparing to stand on its ground without Alan Mulally, its current chief executive who is poised to leave the carmaker as early as next year. In fact, the weekly executive meetings at Ford were now led by chief operating officer mark Fields, who is widely seen as the successor for Mulally. Two sources told Automotive News that regardless of whether Mulally would be tapped as the next CEO of Microsoft, he is unlikely to stay through 2014.

People within Ford said that the management team that Mulally groomed is now ready for his eventual departure. “Collectively we have helped change the culture - it's not just relegated to one particular individual," Fields told reporters in September, adding that  "it's really about all of us looking to build on the things over the years that have made our culture so strong."

Mulally is considered as the turnaround icon at Ford, having led the carmaker when it managed to stave off bankruptcy and did not receive bailouts from the United States federal government, which fellow Detroit 3 members General Motors Co. and Chrysler did. Mulally formulated the "One Ford" strategy that allowed the carmaker’s business units to achieve economies of scale and boost profit.

He was also credited for changing Ford's backbiting culture into a collaborative one. Despite those achievements, Ford still has some important things to tackle, like how to boost its struggling premium brand Lincoln. Ford also has to tackle quality issues in North America that sank the brand to near the bottom of reliability surveys by Consumer Reports and J.D. Power & Associates.

If you liked the article, share on:

Topics: ford, alan mulally, ceo

Comments

Recommended

It has been nearly eight years since Toyota entered a new era of sports cars when it officially unveiled the production version of the Toyota 86 – also known as...
by - February 27, 2019
The new Audi TT RS – yes, the top version of the German carmaker’s facelifted TT model series – is now officially here. If you could remember, the range-topping TT...
by - February 18, 2019
Nearly half a year ago when McLaren Automotive unveiled the McLaren 600LT Coupe, the British carmaker is now introducing a version that lets its passengers enjoy the thrill of an...
by - January 25, 2019
German carmaker Volkswagen is now making the latest evolution of the new Volkswagen Golf GTI -- the new Golf GTI TCR. First unveiled as a concept at the annual GTI...
by - January 24, 2019
It has been three and a half years since BMW unveiled the sixth generation of the BMW 7 Series. Thus, it is really about to give the 7 Series a...
by - January 17, 2019