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

  • Suzuki Swift Sport 2018 long-term review hero front
    First Drive
    22 June 2018
    The Japanese hot hatch is all grown up in terms of character, technology and price, but is it still a fun-loving kid at heart? Let’s find out
  • 2018 Mitsubishi Shogun Sport 4
    First Drive
    21 June 2018
    Shogun Sport name returns to the UK, attached to a seven-seat 4x4 that, Mitsubishi hopes, deftly combines practicality, comfort and toughness
  • Ford Fiesta ST-Line 2018 long-term review hero front
    First Drive
    21 June 2018
    Does this version of Britain’s top-selling car have the substance to match its style?
  • Audi Q8 2018 first drive review hero front
    First Drive
    20 June 2018
    Range-topping SUV is short on the styling and performance pizzazz needed to make it a Range Rover Sport-toppling style icon, although it’s an accomplished luxury car
  • BMW M5 2018 long-term review hero front
    First Drive
    20 June 2018
    We rate the new M5 as best in class. Will we think the same after three months with it?