Alan Mulally to Retire From Ford on July 1

Craig Cole
by Craig Cole

Alan Mulally, president and CEO of Ford Motor Company is set to retire. The influential executive will step down from his post in just two months.

Mark Fields, the Blue Oval’s COO will take over for Mulally starting on July 1. Fields has been with Ford for about 25 years.

Mulally, 68, started at the Dearborn, Mich.-based automaker in September 2006 when he was poached from Boeing. He’s led the company through troubled times, including the so-called Great Recession when the firm’s domestic competition was forced to enter bankruptcy. He also helped create their “One Ford” strategy, which has led to profitability and growth.

Beyond these achievements Mulally pushed the company to expand in markets around the world. His leadership has also resulted in 19 consecutive quarters of profitability.

Fields is 53 years old and has served as COO since December 2012. Before this he was the Blue Oval’s executive vice president and president of the Americas. In many circles Fields was an odds-on favorite for taking Mulally’s place.

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Craig Cole
Craig Cole

Born and raised in metro Detroit, Craig was steeped in mechanics from childhood. He feels as much at home with a wrench or welding gun in his hand as he does behind the wheel or in front of a camera. Putting his Bachelor's Degree in Journalism to good use, he's always pumping out videos, reviews, and features for AutoGuide.com. When the workday is over, he can be found out driving his fully restored 1936 Ford V8 sedan. Craig has covered the automotive industry full time for more than 10 years and is a member of the Automotive Press Association (APA) and Midwest Automotive Media Association (MAMA).

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