Ford Has Four Possible CEO Contenders To Succeed Alan Mulally
The replacement for Ford‘s current CEO Alan Mulally will likely come from within, and four contenders have come out on top despite no realistic timeline for someone to replace Mulally.
Those four contenders include Mark Fields, the president of the Americas and current frontrunner (age 50), current CFO Lewis Booth (age 63), Jim Farley, group vice president of global marketing, sales and service (age 49), and Joe Hinrichs, group vice president of Ford Asia Pacific and Africa (age 45).
The talk of a CEO successor for Alan Mulally is probably premature, as his success in Ford will allow him to leave on his own terms, when he wants. But at age 66, Ford’s board of directors has to realistically begin to consider successors. One thing is for sure, Ford will be promoting from within rather than hiring from the outside – as they did with Mulally – in order to send a message of stability. Another option that Ford is considering is that Mulally could act as a mentor for Ford’s future leader.
[Source: Automotive News]
Jason Siu began his career in automotive journalism in 2003 with Modified Magazine, a property previously held by VerticalScope. As the West Coast Editor, he played a pivotal role while also extending his expertise to Modified Luxury & Exotics and Modified Mustangs. Beyond his editorial work, Jason authored two notable Cartech books. His tenure at AutoGuide.com saw him immersed in the daily news cycle, yet his passion for hands-on evaluation led him to focus on testing and product reviews, offering well-rounded recommendations to AutoGuide readers. Currently, as the Content Director for VerticalScope, Jason spearheads the content strategy for an array of online publications, a role that has him at the helm of ensuring quality and consistency across the board.
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