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

  • Seat Ibiza
    Car review
    21 July 2017
    A model upon which Seat has staked its future, the new Ibiza must now deliver
  • Honda Clarity FCV
    Car review
    21 July 2017
    Honda’s fuel cell flagship reaches its second generation, but is the world ready?
  • Nissan Qashqai 1.5 dCi 110 N-Connecta 2017 review
    First Drive
    20 July 2017
    A UK drive in Nissan’s crucial crossover shows an update has not cost it any of that which makes it sell so well
  • Seat Ibiza 1.0 MPI
    First Drive
    20 July 2017
    The Seat Ibiza has wowed in other iterations, but how will the entry-level 1.0-litre MPI version stack up in the UK? We've been to north Wales to find out
  • Vauxhall Insignia Sport Tourer 1.5 Turbo 165 2017 review
    First Drive
    20 July 2017
    Mid-range petrol engine suits Vauxhall's new family-sized load-lugger well. Another refined, comfortable, easy-to-drive and attractively priced Insignia.