Ford Motor Co.’s outgoing Chief Executive Officer Alan Mulally said he’ll continue to advise his successor, Mark Fields, and remain in touch with the company after he steps down next month.
Nissan Motor Co. Chief Executive Officer Carlos Ghosn earned more than $10 million last year, putting him on track to become the best-paid Japan executive for the fourth time in five years.
Mark Fields will take the keys to a Ford Motor Co. that is lean, profitable and a far cry from the near-bankrupt carmaker taken over in 2006 by his predecessor, Alan Mulally.
When Alan Mulally was named Ford chief executive officer in 2006 after 37 years at Boeing Co., plenty of industry veterans had the same question: What does a plane guy know about the car business?
Ford Motor Co. Chief Executive Officer Alan Mulally, presiding over his final annual meeting, said he has “no regrets” about his eight years leading the automaker’s turnaround and gave a vote of confidence to his successor.
"I'm going to stay close to Ford going forward."
- Alan Mulally on Jun 23, 2014
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