The news comes as a surprise to virtually no one: Ford' COO Mark Fields, 53, will replace current CEO Alan Mullaly, 68. Insiders told Bloomberg that the switch could take place as early as May 1st.
Earlier reports suggested that Mullaly could make the leap to Microsoft, which makes sense since he isn't mulling retirement yet.
Mullaly is widely credited with turning around the Blue Oval while other domestic automakers went bankrupt near the end of the last decade.
Source: Bloomberg.com
Earlier reports suggested that Mullaly could make the leap to Microsoft, which makes sense since he isn't mulling retirement yet.
Mullaly is widely credited with turning around the Blue Oval while other domestic automakers went bankrupt near the end of the last decade.
Source: Bloomberg.com
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| Photo: Ford |