New CEO at Ford as veteran Mulally bows out

Posted on 1 May 2014 by The Manufacturer

Automotive giant Ford has announced Mark Fields will succeed Alan Mulally as its chief executive officer from July.

Mulally, who joined the US car manufacturer in 2006 from Boeing, has been credited with turning around its fortunes, following the crash of the American automotive market during the recession years. As a sign of the turnaround in fortunes, Ford has been forecast to achieve between 7-$8bn pre-tax profits predicted during 2014. Fields, who has…

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