Latest reports suggest that Ford's board of directors may allow Mulally to step down ahead of his planned late 2014 retirement

Ford CEO Alan Mulally may step down earlier than expected, according to reports from Reuters this morning.

Mulally was originally expected to remain as Ford Chief Executive until late 2014, but Reuters report sources saying the board may let him leave earlier so that he can 'explore other roles'.

The move suggests that the company now has confidence in the ability of its existing management to sustain its current position.

Mark Fields, Ford's Chief Operating Officer, is hotly tipped to become the next boss of Ford. Reuters says that Mulally has been linked to roles in the Obama administration and as a possible successor to Microsoft Chief Executive, Steve Balmer.

Last week, Carlos Tavares stepped down from his role as Renault chief executive. He had previously voiced an interest in heading up a global US car maker.

Join the debate

Comments
1

6 September 2013

Goodbye Alan Mulally, I never knew you, but you were like a friend to me. The new fiesta, focus and mondeo, are fine cars, indeed. I might even buy one, one small day.

www.KOOOLcr.com

 

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Ford Focus RS Mountune FPM375
    First Drive
    20 January 2017
    Does an official Mountune upgrade of 25bhp and 30lb ft, improve the already rampant and rather magnificent Ford Focus RS?
  • Audi S5 Sportback
    First Drive
    19 January 2017
    The Audi S5 Sportback is more bruising GT than practical sports car, but it makes sense for those wanting a fast executive saloon in coupé get-up
  • First Drive
    18 January 2017
    Despite receiving a cosmetic and mechanical refresh, Lexus's compact executive saloon still fails to provide much driving involvement
  • 2017 Mitsubishi Outlander PHEV 5h review
    First Drive
    18 January 2017
    Big-selling plug-in SUV gets a light refresh in the face of new challengers to offer decent economy but only average driving dynamics
  • Mini Countryman Cooper S
    First Drive
    18 January 2017
    All-new bigger Mini continues to make a curious, flawed crossover hatchback, though it’s more compelling to drive than some and more practical than it used to be