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

  • First Drive
    29 June 2015
    Third-gen MPV exudes characteristic Volkswagen refinements, so it's solid, upmarket, smart and practical – albeit a bit bland
  • First Drive
    29 June 2015
    This Tucson is proof Hyundai hasn’t run out of momentum. If it's priced and specced keenly, it could be a rival to the class best.
  • First Drive
    26 June 2015
    A niche proposition as ever, but then Subaru revels in its uniqueness. This would be a significantly improved car with a conventional automatic or manual transmission
  • First Drive
    26 June 2015
    In the past we've rated the Toyota Auris as solid and dependable but hardly exciting. Has a mid-life refresh injected it with a sense of fun?
  • First Drive
    25 June 2015
    We drive the new Audi Q7 in the UK to find out if it can better its phenomenally successful predecessor and beat off the strong competition from the new Volvo XC90