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

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK