Mullaly Sticking Close To Ford Upon Stepping Down
Outgoing Ford CEO Alan Mullaly may be heading out the door, but he does plan to help his successor when needed.
Bloomberg reports Mullaly will act in an advisory role to upcoming CEO Mark Fields, and plans to remain close to Ford for the foreseeable future. Beyond this, the outgoing CEO has held his post-Ford plans close to the vest, though sources claim Mullaly may be lining up a board director or chair position somewhere.
Since his arrival from Boeing in 2006, Mullaly has been credited for turning around Ford’s fortunes, establishing a collaborative environment from senior management down. After losing $30.1 billion from 2006 through 2008, the Blue Oval gained $42.3 billion between 2009 and 2013. On the sales front, its home market saw an 11 percent boost in 2013, thanks to the F-Series, Fusion and Escape, and trounced Toyota in China.
As for what Mullaly sees Fields’ Ford accomplishing, he sees the company tackling economic development, congestion and pollution:
We’re going to continue to see a very large migration into the larger cities worldwide. Personal mobility and integrated transportations [sic] systems, I think that’s going to continue to be very, very important. And Ford, as a transportation technology company, has such a great opportunity to serve in that way.
Seattle-based writer, blogger, and photographer for many a publication. Born in Louisville. Raised in Kansas. Where I lay my head is home.
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