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 |  Dec 06 2011, 5:30 PM

Ford is currently denying reports that an external CEO successor search is underway, but it appears that Ford Chairman Bill Ford Jr. discussed the possibility to “survey the external environment for potential candidates as a regular course of action.”

We reported earlier that Four currently has four candidates internally to succeed Alan Mulally, Ford’s current CEO. But now the Wall Street Journal is adding two former Ford executives into the mix, John Krafcik who is CEO of Hyundai Motor Co.’s North American operations and Phil Mortens, CEO of Novelis Inc.

Ford however is adamantly denying the consideration of Krafcik or Mortens – or any external candidate for that matter. But whoever it may be, they’ll be stepping into some really big shoes, as Mulally has been undeniably successful in making Ford profitable yet again, with Ford making money for 10 straight quarters.

[Source: Automotive News]