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.
Creative Artists Agency has been hired to sell naming rights for the $937 million football stadium being planned for the San Francisco 49ers in Santa Clara, California.
When Mark Fields took charge of Ford Motor Co.’s Americas operations nine years ago, it was a major repair job as they descended into record losses and almost dragged the company into bankruptcy.
Ford Motor Co., beset by higher recall costs and bad weather, earned first-quarter net income of $989 million, down 39 percent from a year ago and less than analysts’ estimates. The shares fell.
Peter Swartz, a former Galleon Group LLC portfolio manager, is starting a new technology hedge fund for Fortress Investment Group LLC.
In performances of Wagner’s 5-hours- plus “Parsifal,” the suffering on stage is so often shared by the audience.
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?