The Truth About Cars » Executives http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Fri, 18 Apr 2014 14:00:34 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.1 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars » Executives http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Ford CEO Mulally To Head Boeing Or Microsoft Soon? http://www.thetruthaboutcars.com/2013/10/ford-ceo-mulally-to-head-boeing-or-microsoft-soon/ http://www.thetruthaboutcars.com/2013/10/ford-ceo-mulally-to-head-boeing-or-microsoft-soon/#comments Sat, 19 Oct 2013 16:06:35 +0000 http://www.thetruthaboutcars.com/?p=627322 ford-ceo-alan-mulally-china-lincolnjpg-894a92e3f2c9121aThe 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.”

]]>
http://www.thetruthaboutcars.com/2013/10/ford-ceo-mulally-to-head-boeing-or-microsoft-soon/feed/ 57
Piech, Mulally Not Going Anywhere http://www.thetruthaboutcars.com/2013/09/piech-mulally-not-going-anywhere/ http://www.thetruthaboutcars.com/2013/09/piech-mulally-not-going-anywhere/#comments Fri, 06 Sep 2013 14:41:52 +0000 http://www.thetruthaboutcars.com/?p=512009 Ferdinant_Piech_by_Stuart_Mentiply

The C-Suites of two major auto makers are unlikely to change in the near future, despite rumors suggesting that both Ferdinand Piech and Alan Mulally are set to depart both VW and Ford respectively.

Mulally, who is reportedly being courted by both the Obama administration and Microsoft, told Bloomberg that “I plan to continue to serve as Ford’s president and CEO until at least the end of 2014.” Sources have suggested that Ford’s board was open to him stepping down early so that he could explore other options.

Over at VW, rumors of Ferdinand Piech’s demise appear to have been greatly exaggerated. German outlet Der Spiegel claimed that Piech was about to step down due to poor health, with CEO Martin Winterkorn assuming the top job. True to character, Piech denied such reports, claiming ”Those who are written off live longer.”

 

]]>
http://www.thetruthaboutcars.com/2013/09/piech-mulally-not-going-anywhere/feed/ 21
GM’s Reshuffle Revealed http://www.thetruthaboutcars.com/2010/03/gms-reshuffle-revealed/ http://www.thetruthaboutcars.com/2010/03/gms-reshuffle-revealed/#comments Tue, 02 Mar 2010 19:26:10 +0000 http://www.thetruthaboutcars.com/?p=347209

GM has announced its new North American organizational shuffle [full release available here], and have included the following slides to help explain some of the changes. The clear winner: President of NA operations, Mark Reuss, who had this to say:

It’s become extremely clear to me since taking this role that there is a better way to structure this organization. The premise of the structure is simple — a clearer marketing focus to sell more vehicles, and freeing our sales and service experts to focus on customers and dealers. In order to be successful in North America, we need the right mix of product, people and structure. We’ve worked with a small group of executives to align this model and appoint the best candidates for each job.

Notice how he doesn’t call the new structure a simplification. As the following slides show, there’s nothing simple about the structure changes. In fact, the only thing that’s certain about this latest GM reshuffle is that wrestling with GM’s bureaucracy still takes up as much time for top managers as actually working on products, planning, outreach and other core business activities.

]]>
http://www.thetruthaboutcars.com/2010/03/gms-reshuffle-revealed/feed/ 21
GM Shakeups Continue: Nesbitt Ousted At Cadillac, Lutz “Actively Considering” Retirement http://www.thetruthaboutcars.com/2010/03/gm-shakeups-continue-nesbitt-ousted-at-cadillac-lutz-actively-considering-retirement/ http://www.thetruthaboutcars.com/2010/03/gm-shakeups-continue-nesbitt-ousted-at-cadillac-lutz-actively-considering-retirement/#comments Tue, 02 Mar 2010 16:02:46 +0000 http://www.thetruthaboutcars.com/?p=347173

Motor Trend reports that former PT Cruiser stylist Brian Nesbitt has been relieved of his duties as the head of Cadillac, ending GM’s post-bankruptcy experiment of putting a stylist in charge of an entire division. But MT figures that Nesbitt’s ouster isn’t as simple as a failure to perform; according to their sources, the firing was political.

The shakeup has major implications for Bob Lutz’s future at GM. He hired Nesbitt away from Chrysler earlier last decade and made sure there was a place for the PT Cruiser designer at post-bankruptcy GM. Nesbitt’s departure would indicate Lutz’s role as one of three GM vice chairmen has diminished to almost nothing… Clearly, [recently-promoted sales boss and President of North American ops Mark Reuss] is putting his own team together, and it doesn’t include Nesbitt, who was posed as the aesthetic face of the Cadillac luxury division.

Reuters spoke with Maximum Bob in Geneva, and asked him about the “R-word.” Lutz replied:
The reason I am giving it active consideration this time is because I honestly feel I can look back with satisfaction and say the team I was privileged to lead in product development has actually achieved more than what I would have hoped for
That, or his word is no longer regarded with awestruck reverence around the RenCen, and the Man of Maximum is finding himself on the outside looking in. More evidence for this can be found in the apparent decision to put the Volt-based Cadillac Converj (which Lutz has actively championed) into development hell. According to Lutz:

As we took a look at our available capital and engineering resources, we decided that therer were things that were more urgent than doing a Cadillac version of the Voltec architecture. We had originally had a time slot for the Converj and that has been put on hold

Does something about Lutz’s use of the first-person plural seem a bit odd? It’s one easy way to conceal the fact that MaxBob and Ed “Rattler” Whitacre are at odds on a number of fronts. Would Mr Lutz like to comment on this rift?

Ed Whitacre is not interested in organizational stability, Ed Whitacre is interested in results. If it takes a certain amount of upheaval to get the right people in the positions than that is what he is going to do.

If that doesn’t suggest that Lutz is on his way out, what would? It looks like Docherty, Nesbitt and Lutz are on the decline, while Reuss and Steve Girsky are exercising ever more control as Ed Whitacre’s hatchet men. GM will be making an announcement about its latest shakeup sometime this week, and we’ll update you with the latest on this palace intrigue as it plays out.

]]>
http://www.thetruthaboutcars.com/2010/03/gm-shakeups-continue-nesbitt-ousted-at-cadillac-lutz-actively-considering-retirement/feed/ 23