Ford retains Mulally through 2014, continues CEO search



Mark Fields, a 23-year Ford veteran seen as the front runner to succeed Mulally, was promoted to chief operating officer as part of several top management changes on Thursday. But Ford stopped short of formally anointing Fields, 51, as its next CEO.
The new timetable keeps Mulally, 67, in place for at least one year beyond what analysts expected. Chairman Bill Ford also said Mulally could stay longer and left open the possibility that Ford eventually could hire an outsider to fill the role.
"I'd like him to stay forever, but part of being a great CEO is also developing a great... read more

 
1 November 2012 in Business, Views: 2
Source: Reuters
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