The rumor mill has been grinding away as of late regarding the possible return of Ford CEO Alan Mulally to helm either one of two of Seattle’s many economic engines: Microsoft and Boeing. In the face of these rumors, Mulally has opted not to dispel the rampant speculation.
Reuters was among those in attendance at an automotive conference in Wuhan, China, where Mulally’s response to being asked whether he was directly or indirectly approached by either company to take the wheel was, “I love serving Ford.” He added that there were no changes to the plan laid out for Ford to find a successor to the third longest serving CEO when he steps down at the end of 2014, though Reuters did report that the auto maker may be open to an earlier departure should Mulally accept an offer elsewhere.
Since taking over Ford in 2006, Mulally helped steady the then-troubled company through his One Ford plan, which led to the sale of acquired brands — including Aston Martin and Volvo — to bring the focus back upon the Ford and Lincoln product lines. In turn, Mulally’s Ford was the only auto maker to avoid the pitfalls and bailouts experienced by Chrysler and General Motors during the Great Recession’s early days in late 2008.
With Microsoft’s market price still stagnant a decade on, and Boeing’s own woes with the 787 Dreamliner, either company could possibly benefit should the right offer approach his desk, especially if hand-delivered by his senior contacts in both companies to his home in Seattle.
Of course, when asked if he were open to a new executive post upon the end of his term at Ford, Mulally laughed and only had three words for the reporter: “I don’t know.”