New Leadership at Ford!!

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Bill Ford just named former Boeing CEO Alan Mulally the new CEO for Ford Motor Company. Will post a link once I can find one!
 
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http://money.cnn.com/2006/09/05/news/companies/ford/index.htm?cnn=yes

Ford names new CEO
Struggling No. 2 automaker says Bill Ford Jr. will be succeeded as CEO by Alan Mulally, from Boeing.
September 5 2006: 4:36 PM EDT

NEW YORK (CNNMoney.com) -- Ford Motor Co. Tuesday surprised the auto industry by tapping senior Boeing executive Alan Mulally as its new chief executive officer, succeeding current CEO Bill Ford, who will stay on as chairman.

Mulally, 61, who heads Boeing's commercial airplane unit, will become president and CEO of Ford immediately as the struggling automaker gets set to unveil a huge overhaul of its North American auto operations.
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Bill Ford will remain chairman at the troubled automaker as Alan Mulally takes over as CEO.

Mulally was most recently executive vice president at Boeing (Charts).

Shares of Ford (Charts) rose about 1.5 percent on the New York Stock Exchange Tuesday and surged another 2 percent or so in after-hours trading.

The announcement came after the close of regular trading.

Ford said last month it was cutting production plans and said 10 North American plants will be shut for extended periods much of the rest of the year as it tries to cut costs and deal with slumping sales of its light trucks. (Full story).
 

Silver2003Cobra

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New CEO for Ford

Boeing's Alan Mulally will replace Bill Ford as chief executive of Ford Motor Company. Scott E. Carson, a 34-year Boeing veteran, was named president and CEO of Boeing Commercial Airplanes, replacing Mulally.

For more, see http://seattletimes.nwsource.com
 

Drive XR7

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Alan Mulally has done some pretty incredible things for Boeing. This change is good to hear... hope the workers can support it also.
 

Wishing4Cobra

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Bill Ford steps down from CEO post

DETROIT - Ford Motor Co. announced Tuesday that Bill Ford is stepping down as chief executive but will remain chairman of the troubled automaker.
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Alan Mulally, previously executive vice president of Boeing Co. and president and CEO of Boeing Commercial Airplanes, has been named president and CEO at Ford.

what are some of your thoughts? Is this a big thing or it wont really affect FORD?
 

GTSpartan

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This should have happened 2 yrs ago.

Too bad he stayed on as Chairman. Nothing like having a lame duck CEO with old Billy breathing down your throat. The Ford family just needs to take a step back and let the Pro's work.

Good move overall
 
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svtfocus2cobra

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Check out this guys credentials, its rediculous.

"Mulally serves as co-chair of the Washington Competitiveness Council, and sits on the advisory boards of NASA, the University of Washington, the University of Kansas, Massachusetts Institute of Technology and the U.S. Air Force Scientific Advisory Board. He is a member of the United States National Academy of Engineering and a fellow of England’s Royal Academy of Engineering.

Mulally holds bachelor’s and master’s of science degrees in aeronautical and astronautical engineering from the University of Kansas, and earned a master’s in management from the Massachusetts Institute of Technology as a 1982 Alfred P. Sloan fellow."

http://media.ford.com/newsroom/release_display.cfm?release=24202
 

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